Coal India needs tight quality control to profit from new pricing policy
Coal India officials are confident about maintaining a homogeneous grade to assure that the miner doesn't lose out on revenue26-01-2018
26-01-2018
As power demand surges, Govt allots mines to Coal India arms
First allocation in 2 years; 11 blocks can produce 225 mt annually19-01-2018
Significant competition ahead from pvt sector: CIL chairman Gopal Singh
The company has set a 600-million tonne coal production target for 2017-1814-01-2018
Will disinvestment drive give market a liquidity headache?
Coal India hiked its prices by 9 as a way to compensate wage hikes.13-01-2018
CIL to price non-coking coal on per unit calorific value basis
Six years since replacing the erstwhile useful heat value (UHV) based pricing system with gross-calorific value-based pricing, Coal India adopted a new pricing policy on January 9 for non-coking...11-01-2018
Coal India to adopt new billing mechanism for consumers from FY19
The world's largest coal miner, Coal India, will be shifting its billing mechanism for the consumers in-line with the global trend from the coming fiscal year. As per the plan, the sales bills would be raised based on the actual consumption of the gross calorific value (GCV) which is expressed as kilo calorie per kg of coal.Currently, the consumers are charged based on the coal grade. Under the prevalent system, a GCV range is decided for a certain grade of coal and prices are fixed as per the grade. But, under the new system, the consumer will pay exactly for the GCV he/she is consuming.At present, around 17 such grades with variable GCV ranges are in vogue.As per a Coal India official, the current pricing mechanism for a particular grade is based on the mid-point of the GCV range and is priced accordingly. However, under the revision it will be done away with.To ensure the same, Coal India will be introducing third party sampling of all despatches including auctioned coal. Based on .11-01-2018
Shareholding for the Period Ended December 31, 2017
Coal India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2017. For more details, kindly Click here10-01-2018
We have not hiked coal price but rationalised it: Gopal Singh
The incremental revenue will be used by Coal India for building capacity.10-01-2018
Coal India ups non-coking coal prices, expects to earn Rs 64 bn in Q4
Following the revision of wages of around 300,000 workers in the company, it faces an outgo of an estimated near Rs 60 billion09-01-2018