Bigul

Joint Venture Company

Coal India Ltd has informed BSE that on May 16, 2016, CIL & NTPC have signed an Joint Venture Agreement for setting up of a Joint Venture Company at 50:50 shareholding basis for revival of Sindhri & Gorakhpur units of Fertiliser Corporation of India.
16-05-2016

CIL's production cut helps reduce stockpile at pitheads, power plants

Kolkata-headquartered miner had recorded double-digit jump in coal production. However, it saw slow offtake of its coal due to the slowdown in industry.
16-05-2016

CIL invites global cos for consultancy on coal gasification

UCG is a method of extraction of energy from coal/lignite resources which are otherwise regarded as uneconomical to work through conventional mining methods.
15-05-2016
Bigul

Land, green clearances behind Coal India's success

Coal India achieved a staggering production of 536.51 million tonnes (mt) during the financial year ended March 31, 2016
14-05-2016

CIL to hold e-auction for power producers on May 24-25

A total of 24 million tonnes of coal is to be tentatively offered by the miner for three months, taking around eight million tonnes per month from May to July, the notice said.
12-05-2016
Bigul

FY16 results on May 28, 2016

Coal India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2016, inter alia, to consider, approve and take on record Audited Financial Results of the Company (Standalone & Consolidated) for the Financial year ended March 31, 2016.Further, Pursuant to this, Company has decided to close "Trading Window" under "CODE OF INTERNAL PROCEDURES AND CONDUCT FOR PREVENTION OF INSIDER TRADING IN SECURITIES...
09-05-2016
Bigul

E-auction boosts Coal India's sales by Rs 2,500 crore in FY16

The record coal production last fiscal allowed public-sector behemoth Coal India to augment sales via the lucrative electronic auction route to firms with captive power plants and power generators.
09-05-2016

CIL customers support withdrawal of incentive policy

High grade coal of Eastern Coalfield (Ranigunj) and South Eastern Coalfields has benefitted from this development since the incentive was withdrawn in February.
08-05-2016

Centre declines B K Mishra candidature as CMD, BCCL

The Centre today declined to consider B K Mishra as Chairman and Managing Director of Bharat Coking Coal Ltd (BCCL, a subsidiary of Coal India Ltd.
06-05-2016
Bigul

Flush with coal, power sector refuses supplies

Coal India forced to look for demand from the non-regulated sector
05-05-2016
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