Investor Presentation
In terms of Regulation 30, we are attaching the presentation given to Analyst on Unaudited Financial Results of Coal India Limited for the 2nd Quarter and half-yearly ended September 30, 2017. This is for your information and records please. Un-Audited Financial Results Of Coal India Limited(Standalone & Consolidated) For The 2Nd Quarter And Half-Yearly Ended September 30,2017
In terms of Regulation 30 read with Regulation 33 of SEBI (LODR) Regulations 2015 we are enclosing the Unaudited Financial Results of Coal India Limited (Standalone & Consolidated) for the 2nd Quarter and half-yearly ended September 30, 2017. These Unaudited Financial Results were reviewed by Audit Committee on 9th & 11th November'2017 and 'taken on record' by the Board of Directors of Coal India Limited in its meeting held on 11th November'2017.... CMD says Coal India yet to finalise diversification modalities
Coal India is yet to firm up the modalities related to diversifying into new mineral mining, said CMD Gopal Singh on Wednesday. We just decided on diversification 2-3 months ago. We hope to be... Commercial coal mine auction may be completed this year: Coal Secretary
Auction of the coal mines selected by the government for commercial mining is likely to be completed by the end of March next year. The move is likely to end state-owned Coal India's near monopoly in the domestic coal market.On the sidelines of the 7th Asian Mining Congress & Exhibition, union coal secretary, Susheel Kumar said that the Cabinet Committee on Economic Affairs (CCEA) is likely to take the decision on the commercial mining proposal this month while by the end of this fiscal year; the allocation is likely to be completed. "The Cabinet is likely to take a decision this month. Thereafter, of course, the process would begin but the process is likely to take time and this financial year, it should happen", Kumar said.Previously, the ministry had asked for public comments from industry stakeholders to finalise the modalities of the auction and the allocation methodology which will thereafter follow.The ministry as well as Coal India, which commands 70 per cent of the... Updates
Clarification on Media Report- Odisha Govt. slaps Rs.20,169 crore penalty on Coal India arm Ensure quality, mine safety, CIL told
Union Coal Secretary Susheel Kumar on Tuesday reminded State-owned Coal India to ensure quality and mine safety. The slippage between promised quality and delivered quality has to go, he was... Clarification sought from Coal India Ltd
The Exchange has sought clarification from Coal India Ltd with respect to news article appearing on www.moneycontrol.com on November 02, 2017 titled "Odisha govt slaps Rs 20,169 crore penalty on Coal India arm".The reply is awaited. Updates
We are enclosing the Provisional Production and Offtake Performance of CIL and its Subsidiary Companies for the month of Oct'17 and for April'2017-Oct'2017. This is for your information and records. This is as per Regulation 30 of the SEBI (LODR) Regulations 2015. Solar Inds climbs 4% on bagging Coal India deal
Promoters held 73.15 per cent stake in the company as of September 2017. Coal ministry prioritises turning Coal India into a 'clean' company
In its quest to emerge as a cleaner company, the coal ministry has prioritized development and adoption of clean coal technologies like coal to liquid, coal to polychemicals and others besides other priorities.A statement issued by Coal India, quoted coal secretary Susheel Kumar, as stating that the ministry has emphasized on environmental management and responsible mining, quality of the product and safety of the labourers working in the mines as the other priority areas for the company.The official was in the city to attend the 43rd Foundation Day of Coal India.The statement issued noted that the grade slippage between promised quality and delivered quality, which has been one of the key concerns of the coal consumers across segments, will be dealt with while the company will also ensure that environmental norms and workers' safety procedures are followed diligently. Optimistic about Coal India generating better profits in the future as coal demand goes up, Kumar said that Coal...