Coal India board approves venturing into aluminium, solar sectors
State-owned Coal India on Thursday said its board has given in-principle approval for venturing into aluminium and solar sectors and creation of spec25-12-2020
Coal India board approves venturing into aluminium, solar sectors
State-owned Coal India on Thursday said its board has given in-principle approval for venturing into aluminium and solar sectors and creation of specCIL's coal allocation to power sector under e-auction rises 5.9% in April-November
Coal India Ltd (CIL) had allocated 16.95 mt of coal during the April-November period of the previous financial year.COAL INDIA LTD. - 533278 - New Venture Into Aluminium Value Chain, Solar Power Value Chain And Creation Of Special Purpose Vehicles (Spvs)
CIL Board in its Meeting held on date, accorded its 'In-Principle' approval to venture into Aluminium Value chain (Mining-Refining-Smelting) and Solar Power Value Chain (Ingot-Wafer-Cell-Module and Generation) It also approved to create SPVs subject to obtaining concurrence from Niti Aayog, DIPAM and after feasibility studies and Business Analysis are completed and financial viability is established for the following: a. Solar Power Value Chain (Ingot-Wafer-Cell-Module) business vertical at CIL b. New & Renewable Energy (Non-Conventional) Business Vertical at CIL c. Integrated Aluminium Complex: A Greenfield Project by Central Coalfields Limited, a subsidiary of Coal India Limited. . This is for your information and record as per Regulation 30 of SEBI LoDR' 2015.COAL INDIA LTD. - 533278 - Announcement under Regulation 30 (LODR)-Joint Venture
New venture into Aluminium value chain, Solar Power Value Chain and Creation of Special Purpose Vehicles (SPVs)Rs 40,000 core liquidity boost on the anvil for private thermal power companies
Although the government has taken the decision to liquidate the overdue receivables from state-owned discoms as part of a rescue package, Coal India has given its nod to allowing private thermal power plants to get coal on 90-180 days creditCOAL INDIA LTD. - 533278 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of Transfer of Unclaimed Interim Dividend 2013-14 and Equity Shares of Coal India Limited (CIL) to IEPF AuthorityPrivate thermal power cos get Rs 40,000 cr liquidity boost: Report
The liquidity boost is coming in from government initiatives along with Coal India decision to offer longer term credit to them, says a reportCoal India's fuel allocation under spot e-auction rises 59% during April-November
Fuel allocation by CIL under the scheme also increased to 4.09 MT in November, from over 3.58 MT in the corresponding month of 2019.Fuel supply by CIL to power sector drops 5% to 277 MT in April-November
Coal supply by state-run CIL to the power sector declined by 5.3 per cent to 277.46 million tonne (MT) in the April-November period of the ongoing fiscal. The state-owned company had supplied 292.88 million tonnes of coal to the power sector in the corresponding period of the previous fiscal, according to official data. In November the fuel supply by Coal India (CIL) was almost flat at 39.38 MT against 39.12 MT in November last year. The fuel supply by Singareni Collieries Company Ltd (SCCL) to the power sector in the eight-month period dropped by 35 per cent to 22.37 MT from 34.44 MT a year ago. In November, the fuel supply by SCCL declined to 3.9 MT from 4.62 MT in the corresponding month of previous fiscal, it said. CIL is a major supplier of the dry fuel to the power sector in India. The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the...Coal India plans to substitute 80-85 mt of imported coal in current fiscal
Coal India Ltd is aiming at substituting imported dry fuel of 80-85 million tonne with more domestic supplies in the current fiscal