Annual General Meeting Updates
Coal India Ltd has submitted to BSE a copy of "Second Addendum to the Notice of 42nd Annual General Meeting".15-09-2016
15-09-2016
Coal India Q1 net profit declines over 14% to Rs 3,065 crore
Coal India's net sales for the quarter stood at Rs17,796.05 crore, down 6.1% from Rs18,955.75 crore in the previous year's quarter.15-09-2016
Result Presentation for June 30, 2016
Coal India Ltd has informed BSE about : 1. Result Presentation for the period ended June 30, 201613-09-2016
Announces Q1 results & Limited Review Report for the Quarter ended June 30, 2016
Coal India Ltd has announced the following results for the quarter ended June 30, 2016 :The Un-Audited Standalone results for the Quarter ended June 30, 2016: The Company has posted a net profit of Rs. 36.80 million for the quarter ended June 30, 2016 as compared to Rs. 4871.00 million for the quarter ended June 30, 2015. Total Income has decreased from Rs. 6853.20 million for the quarter ended June 30, 2015 to Rs. 1874.30 million for the quarter ended June 30, 2016....13-09-2016
Coal India surrenders exploratory block in Mozambique
Fact that no mineable coal was found in area even at a depth of 500 metres has actually been a comforting factor for Coal India officers posted there.09-09-2016
Q1 results rescheduled on Sept 13, 2016
Coal India Ltd has informed BSE that the meeting of Board of Directors of the company which was scheduled to be held on September 11, 2016, inter-alia, to consider, approve and take on record Un-Audited Quarterly Financial Results of the Company (Standalone & Consolidated) for the 1st Quarter ended June 30, 2016 will now be held on September 13, 2016 (Q1)....07-09-2016
Q1 results rescheduled on Sep 11, 2016
Coal India Ltd has informed BSE that the meeting of Board of Directors of the Company which was scheduled to be held on September 09, 2016 inter-alia, to consider, approve and take on record Unaudited Quarterly Financial Results of the Company (Standalone & Consolidated) for the 1st Quarter ended June 30, 2016 will now be held on Sunday, September 11, 2016. (Q1)...06-09-2016
Seeing temporary phase of lack of demand for coal: Anil Swarup, Coal Secretary
In an exclusive chat with ET Now, Coal Secretary Anil Swarup said that the government is working on improving coal quality coming from Coal India.06-09-2016
Solar, Wind focus has hit low-cost coal-based power production: Partha Bhattacharyya
KOLKATA: The country could have produced an additional 170 billion units of power at around rs 1.75 per unit - the variable cost, if the government went slow on fresh capacity addition projects and instead ramped up capacity utilisation of running thermal power plants. "It could have powered 170 million homes and created additional demand for 120 million tonnes of coal that could help mitigate the present oversupply situation of coal," Partha Bhattacharyya, former Coal India chairman, told reporters at 10th International Coal Markets Conference organised by mjunction on Monday. "The foregoing of thermal power resulting from fall in capacity utilisation from 75 per cent to 62 per cent as a result of displacement by solar and wind power, the cost of which is over Rs 4.25 per unit, places an additional burden of over Rs 42,500 crore on the overall cost of power generation. This is certainly not in sync with the imperatives in a country where affordability needs to remain a key area of focus in the power policy," he said. At present, the country is faced with some 70 million tonnes of stock of which 45 million tonnes are stacked at coal mines while the rest at 25 million tonnes are staked at power plants. Stocks have built up because growth of demand for power has been at a lower rate than anticipated leading to more coal production than could be consumed. Not everyone agrees with Bhattarchayya's views. A senior analyst from one of the Big Four accounting firms, said: "Power from different...06-09-2016
Updates
Coal India Ltd has submitted to BSE a copy of provisional production and offtake performance of CIL and Subsidiary companies for the month of August 16 and for April 16- August 1601-09-2016