Coal India has budgeted billion to buy assets in the, Indonesia and Australia during the year ending March 2011 as it battles a widening gap between domestic coal supply and demand. In May 2011, Coal India said it wanted to buy a stake in Massey Energy Co.'s Sidney Underground Mines, and is awaiting a response from the based ...
STORY: When machines failed to free the 41 trapped workers in a collapsed tunnel in India's Uttarakhand state, officials enlisted the help from miners of a banned practice known as "rathole" mining. The socalled "rat miners" are adept at burrowing in tight spaces. Half a dozen of them started working late Monday, after a second drilling machine broke down with 15 meters left to reach the ...
Coal India Ltd (CIL) witnessed a remarkable 22% sequential growth in consolidated revenues during the December quarter (Q3FY22). One factor that drove this improvement was the strength in price ...
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NEW DELHI: Stateowned Coal India Ltd, which has imported highcapacity mining equipment worth ₹ 3,500 crore in the past five years, has drawn up a plan to phase out such inbound shipments over ...
Coal India said these equipment were imported over the past five years. ( Image Source : Getty ) Stateowned CIL, which has imported highcapacity mining equipment worth Rs 3,500 crore in the past five years, has drawn up a plan to phase out such inbound shipments over the next six years, the government said on Thursday.
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Coal India's shares declined almost 5% following India's government's announcement to sell a 3% stake in the company through the offer for sale (OFS) route, starting today. The government seeks to raise Rs 4,200 crore (567 million) from the twoday OFS, with a base offer to sell up to % of the total paidup equity. Retail investors can buy shares on 26 March.
On Tuesday, Coal India Ltd (CIL) said it has increased supplies of the fuel to thermal power stations, but admitted the supply boost could be 'dwarfed' as low coal stocks at thermal plants ...
The coal major's total supplies at MT during the first 15 days of October 2023 logged over 16% yoy growth compared to MT during the same period last year.
India also ramped up coalfired power output to make up for a seasonal decline in generation from renewable sources such as wind and solar, whose share in total output fell to % in the first ...
Coal India Limited, the largest governmentownedcoalproducer in the world, will hold a meeting of the board of directors of the company on November 10, 2023 (Friday) to consider, approve and ...
Giving 'buy' tag to Coal India shares and OFS, Sumeet Bagadia, Executive Director at Choice Broking said, "Coal India shares have strong support placed at ₹ 220 to ₹ 230 apiece levels ...
Coal India, the leading coal mining company, announced its Q2 FY24 results on 10 Nov, 2023. The company reported a % increase in revenue and a % increase in profit yearoveryear. This ...
Updated June 28, 2023 Coal production in India and major projects Brought to you by Coal According to GlobalData, India is the world's secondlargest producer of coal in 2022, with output up by 7% on 2021. Over the five years to 2021, production from India increased by a CAGR of 3% and is expected to rise by a CAGR of 7% between 2022 and 2026.
Coal India Limited (CIL) has devised a strategic plan to phase out imports of heavy earthmoving machinery (HEMM) and underground mining equipment over the next six years, the Ministry of...
Given below is the list of Coal Mines in India with the states and categories the coalfields belong to: Coal Mines in India. Coal Mine. States. Jharia, Dhanbad. Bokaro. Jayanti. Godda ...
November 27, 20237:08 PM PSTUpdated 6 days ago. SILKYARA, India, Nov 27 (Reuters) Rescuers on Monday brought in "rat miners" to drill through a narrow pipe and help pull out 41 construction ...
History Coal mine, Dhanbad India The Indira Gandhi administration of India nationalized coal mining in phases coking coal mines in 197172 and noncoking coal mines in 1973. With the enactment of the Coal Mines (Nationalization) Act, 1973, all coal mines in India were nationalized in May 1973.
Coal Secretary Anil Kumar Jain on Tuesday said the import of coal for thermal power generation will end in India by 2024 and the domestic production of the dryfuel is expected to rise by 10 per cent. Jain was in Nagpur for a review meeting with Western Coalfields Ltd (WCL), a subsidiary of Coal India Ltd. WCL Chairman and Managing Director Manoj Kumar, its directors, chief vigilance officers ...
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