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Coal India Ltd (CIL)

CIL should prioritise augmenting coal production, supplies to reduce import: Minister

CIL should prioritise augmenting coal production, supplies to reduce import: Minister

Mon, Nov 04, 2024

State-owned CIL's priorities should be to ramp up production of coal and scale up supplies to reduce imports, Union Minister G Kishan Reddy has said.

Top 5 Nifty 50 large-cap stocks with up to 100% returns in 1 year

Top 5 Nifty 50 large-cap stocks with up to 100% returns in 1 year

Tue, Apr 16, 2024

Nifty 50 large-cap stocks such as Coal India, ONGC, and Bharat Petroleum Corporation Ltd have been the top 3 stocks in the last one year.

Coal India achieves 610.8-MT supply to power sector, tops annual target

Coal India achieves 610.8-MT supply to power sector, tops annual target

Thu, Mar 28, 2024

CIL's coal supply to the sector rose by 29.3 million tonnes in absolute volume terms compared to the corresponding period last fiscal.

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As many as 299 mines identified as abandoned, discontinued, or closed so far: Government

As many as 299 mines identified as abandoned, discontinued, or closed so far: Government

Sat, Jan 13, 2024

The government said it has identified 299 mines as abandoned, discontinued, or closed so far and Coal India Ltd has taken proactive steps towards the closure of these mines.

Coal India commits Rs 24,750 crore for 61 eco-friendly projects

Coal India commits Rs 24,750 crore for 61 eco-friendly projects

Tue, Sep 12, 2023

Coal India Ltd has committed a capital investment of about Rs 24,750 crore in the next few years on as many as 61 first-mile connectivity (FMC) projects in a bid to boost eco-friendly coal transportation.

NLCIL to set up two thermal plants in Ghatampur, Talabira; CIL planning two plants in Odisha, MP

NLCIL to set up two thermal plants in Ghatampur, Talabira; CIL planning two plants in Odisha, MP

Wed, Aug 02, 2023

The Ministry of Coal had advised coal subsidiaries to take up large scale diversification, and as a result, several thermal power projects are in advanced stages of planning and execution.

Non coking coal imports could be cut drastically as CIL output may rise to 1 bn tonnes by FY' 26: PM Prasad Chairman and MD of CCL

Non coking coal imports could be cut drastically as CIL output may rise to 1 bn tonnes by FY' 26: PM Prasad Chairman and MD of CCL

Tue, May 23, 2023

Imports of non coking coal could be cut drastically by fiscal 2025-26 on the back of increased output of dry fuel in the country, P M Prasad, Chairman and Managing Director of Central Coalfields Ltd (CCL) said.

India coal out growth hits record, CIL has done a tremendous job: Union Minister

India coal out growth hits record, CIL has done a tremendous job: Union Minister

Sun, Apr 02, 2023

At 892 MT, the country's total coal production is 14.65 per cent higher from 778.21 MT produced in the 2021-22 fiscal, the minister said in a statement.

India's coal production rises 15% in April-February period

India's coal production rises 15% in April-February period

Wed, Mar 01, 2023

Coal India Ltd, which accounts for over 80 per cent of coal output, produced 619.70 MT from April to February of FY23 as compared to 542.38 MT during the same period of FY22, registering a growth of 14.26 per cent

Coal consumers body seeks resumption of rake-based supplies to non-power sector

Coal consumers body seeks resumption of rake-based supplies to non-power sector

Mon, Dec 26, 2022

Converting rail quantities to road offtake often attracts higher premiums than those already paid to Coal India Ltd (CIL) for rake-based supplies.

150% interim dividend! This Govt-owned company announces bonanza for shareholders — Check dividend record date, ex-date, payment date

150% interim dividend! This Govt-owned company announces bonanza for shareholders — Check dividend record date, ex-date, payment date

Tue, Nov 08, 2022

Coal India Share Dividend Record Date 2022, Coal India Dividend Ex-Date, Coal India Dividend Amount Payment Date: Coal India will pay a whopping 150 per cent dividend to its shareholders. The government-owned company has announced the ex date, record date and dividend amount payment date.

Coal India to divest 25% stake in BCCL; company plans subsequent listing

Coal India to divest 25% stake in BCCL; company plans subsequent listing

Thu, May 26, 2022

Coal India Ltd announced on Thursday that it is planning to divest 25% stake in its unlisted subsidiary Bharat Coking Coal Ltd (BCCL).

Coal India Pension Scheme: Check latest news on non-payment of interest

Coal India Pension Scheme: Check latest news on non-payment of interest

Mon, Aug 17, 2020

Coal India Pension Scheme Latest News: An association of serving and retired executives of state-owned Coal India Ltd (CIL) has sought the government's intervention with regard to the long-pending issue of non-payment of interest due to delayed finalisation of the pension scheme of the PSU.

SECL crosses 150MT coal production in 2018-19 fiscal

SECL crosses 150MT coal production in 2018-19 fiscal

Fri, Mar 29, 2019

SECL chairman and managing director A P Panda has taken all steps to expedite coal production as a result of which the SECL also touched the highest ever single day production of 7.44 lakh tonnes in this month,

Coal India Share Buyback 2019: World's largest coal producer's buyback offer closes March 15; Key points to know

Coal India Share Buyback 2019: World's largest coal producer's buyback offer closes March 15; Key points to know

Sun, Mar 03, 2019

Coal India is repurchasing its shares worth Rs 1,050 crore as announced earlier. The company plans to buy back 4,46,80,850 shares, which is equal to its 0.72 per cent stake at Rs 235 per share.

Protests may derail MCL's production target for FY19

Protests may derail MCL's production target for FY19

Sun, Feb 24, 2019

"Till February 19 in the current fiscal, a total of 6,051 hours of production has been lost due to the protests. And with the elections nearing, such politically motivated disruptions are expected to rise," an MCL source told PTI.

Coal projects worth Rs 11,000 cr facing delays, Modi govt seeks report from CIL, NLCIL

Coal projects worth Rs 11,000 cr facing delays, Modi govt seeks report from CIL, NLCIL

Sun, Jan 20, 2019

"At a recent meeting to review coal projects costing more than Rs 500 crore and 3 million tonnes, Secretary Coal Sumanta Chaudhuri sought exception report from Coal India Ltd (CIL) and NLC India and asked them to identify reasons behind delay ," a Coal Ministry official said.

Coal India stake sale: This is who lapped up offer

Coal India stake sale: This is who lapped up offer

Thu, Nov 01, 2018

The Centre, which holds 78.32% in the state-owned coal miner, is looking to sell 18.62 crore or 3% of equity shares to institutional and retail investors, with an option to sell an additional 37.24 crore or 6% of equity shares through a greenshoe option.

Coal India Q1 profit up 61 pc at Rs 3,786 cr

Coal India Q1 profit up 61 pc at Rs 3,786 cr

Sat, Aug 11, 2018

Coal India Ltd (CIL) today posted 61.07 per cent jump in consolidated net profit at Rs 3,786.44 crore for the June quarter of 2018-19 financial year.

Competition Commission imposes Rs 591 crore penalty on Coal India

Competition Commission imposes Rs 591 crore penalty on Coal India

Sat, Mar 25, 2017

"CCI has imposed a penalty of Rs 591.01 crore upon CIL for the abusive conduct," it said.

Coal India arm not to proceed with Rs 1,002-cr buyback plan

Coal India arm not to proceed with Rs 1,002-cr buyback plan

Sat, Mar 11, 2017

The equity shares proposed to be bought back by CCL represent 5.54% the total number of equity share capital in the paid up share capital of CCL, the company had said.

Coal minister says no value in splitting Coal India

Coal minister says no value in splitting Coal India

Fri, Dec 02, 2016

Power and coal minister Piyush Goyal said there was no value in splitting up India`s biggest coal producer Coal India Ltd .

Coal India to set up 600 MW solar plants in 4 states

Coal India to set up 600 MW solar plants in 4 states

Sun, Sep 04, 2016

"In the first phase, CIL is going to set up 2x100 MW solar power plants in the state of Madhya Pradesh. In the second phase CIL is going to develop a capacity of 600 MW in the solar parks of Madhya Pradesh, Chhattisgarh, West Bengal and Maharashtra for which NIT has already been floated by SECI," the coal major said in its annual report.

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