CCL makes Rs.2.66 billion profit from coal e-auctionMarch 28th, 2008 - 3:58 pm ICT by admin
Ranchi, March 28 (IANS) Central Coalfield Limited (CCL), one of the key subsidiaries of Coal India Limited (CIL), has posted a profit of Rs.2.66 billion through e-auction of coal in the current financial year. “Through e-auction our company has earned a profit of Rs.2.66 billion in the current financial year till March 25. CCL sold 5.44 million tonne coal through e-auction,” Deepak Kumar, public relations officer of CCL, told IANS.
He said: “The total profit earned by the company till February this year is Rs.6.10 billion. In the current financial year we are likely to earn a profit of more than Rs.10 billion.”
CCL had posted a profit of Rs.1.4 billion through e-auction in the financial year 2006-2007 and Rs.1.68 billion in 2005-2006.
CCL’s total coal production touched 41.84 million tonnes in the current financial year till March 25. Coal production was 33.81 million tonne in 2001-2002. It jumped to 40.51 million tonne in 2005-2006 and rose to 41.32 million tonne in 2006-2007.
- Central Coalfields earns Rs.1.8 bn from e-auctions - Oct 15, 2008
- Coal India's net profit up by 12.94 pc in FY11 - May 25, 2011
- Coal shortfall hits steel production in Bengal - Oct 18, 2011
- J. Thomas expects to auction over 200 mn kg tea this year - Dec 16, 2011
- Trans Damodar Coal Mining Project inaugurated - Apr 13, 2012
- CCL posts Rs.1,500 crore profit in 2009-10 - Apr 01, 2010
- Coal India's Q4 profit dips 5 percent - May 28, 2012
- NTC land in Gujarat fetches Rs.145.93 crore - Jan 01, 2011
- Karnataka steel industry seeks more iron ore - Sep 29, 2011
- Strikes cause 1.22 million tonne production loss in CCL - Jan 01, 2010
- Government allows NALCO to mine coal - Aug 21, 2011
- JSW Steel scales down production to 30 percent - Sep 26, 2011
- Darjeeling tea e-auction expected soon - Feb 08, 2012
- Central Coalfields loses heavily due to strike - Oct 10, 2011
- Coal shortage could hit hard power projects - Oct 09, 2011