Coal India ready to sign modified FSA with power firms
September 18th, 2012 - 11:43 pm ICT by IANS
Kolkata, Sep 18 (IANS) Public sector Coal India Limited (CIL), the world's largest coal miner, Tuesday said it is now ready to sign the modified Fuel Supply Agreement (FSA) with ... Read more...
Posted in Business |
Project on for developing catalyst to liquefy coal: Coal India
September 11th, 2012 - 7:49 pm ICT by IANS
Kolkata, Sep 11 (IANS) State-run Coal India, which is emphasising on Coal to Liquid (CTL) conversion technology, said a project for development of indigenous catalyst for the process is under ... Read more...
Posted in Business |
No final decision on fuel supply agreement: Coal India
August 14th, 2012 - 1:00 am ICT by IANS
Kolkata, Aug 13 (IANS) State-run Coal India Limited, the country's largest coal miner, said its board Monday reviewed the changes in the model fuel supply agreement (FSA) to be signed ... Read more...
Posted in Business |
Coal India reports marginal net profit growth in Q1 (Lead)
August 13th, 2012 - 11:54 pm ICT by IANS
New Delhi/Kolkata, Aug 13 (IANS) State miner Coal India Limited (CIL) Monday declared a marginal net profit growth with a stand-alone net profit of Rs.45,765.70 million for the quarter ended ... Read more...
Posted in Business |
Coal India’s marginal net profit growth in Q1
August 13th, 2012 - 8:49 pm ICT by IANS
New Delhi, Aug 13 (IANS) State miner Coal India Limited (CIL) Monday declared a marginal net profit growth with a stand-alone net profit of Rs.45,765.70 million for the quarter ended ... Read more...
Posted in Business |
30 coal blocks start production out of 195 allocated
August 13th, 2012 - 6:38 pm ICT by IANS
New Delhi, Aug 13 (IANS) Out of 195 coal blocks allocated to public and private sectors, 30 have started production, Minister of State for Coal Pratik Prakashbapu Patil said Monday.Replying ... Read more...
Posted in Business |
Raise power capacity on war footing: India Inc
July 31st, 2012 - 10:16 pm ICT by IANS
New Delhi, July 31 (IANS) With the worst power blackout in India affecting almost half the country and causing business losses of thousands of crores of rupees, India Inc. Tuesday ... Read more...
Posted in Business |
Coal block auctioning to begin in two months: Jaiswal
June 8th, 2012 - 5:46 pm ICT by IANS
Ranchi, June 8 (IANS) Union Coal Minister Shriprakash Jaiswal Friday said new coal blocks had been identified and their auctioning would begin in the next two months."The coal block auctioning ... Read more...
Posted in Politics |
India plans sovereign fund to buy coal assets abroad
May 4th, 2012 - 8:15 pm ICT by IANS
New Delhi, May 4 (IANS) Realising that India needs to be more aggressive in acquiring coal assets overseas to boost energy security, the government is considering setting up a sovereign ... Read more...
Posted in Business |
Coal India to ink fuel supply pact before April 20 (Lead)
April 16th, 2012 - 11:46 pm ICT by IANS
Kolkata, April 16 (IANS) Bringing relief to the country's power sector, Public sector Coal India Limited (CIL) Monday said it would sign a Fuel Supply Agreement (FSA) with power companies ... Read more...
Posted in Business |
Coal India to ink fuel supply pact April 20
April 16th, 2012 - 10:48 pm ICT by IANS
Kolkata, April 16 (IANS) Public sector Coal India Limited (CIL) will sign a fuel supply agreement (FSA) with power companies by April 20, a top official said Monday.The government on ... Read more...
Posted in Business |
Don’t blame environment ministry for coal shortage: Natarajan
April 11th, 2012 - 3:52 pm ICT by IANS
New Delhi, April 11 (IANS) The shortage of coal should not be blamed on green clearances as the environment ministry has given licences for coal mining and power projects way ... Read more...
Posted in Business |
Coal India sets production target of 464 mn tonnes (Lead)
February 17th, 2012 - 10:05 pm ICT by IANS
Kolkata, Feb 17 (IANS) State-run Coal India Limited (CIL) has set a production target of 464 million tonnes in the next fiscal year and it will make a capital expenditure ... Read more...
Posted in Business |
Coal India sets a production target of 464 mn.tonnes
February 17th, 2012 - 6:50 pm ICT by IANS
Kolkata, Feb 17 (IANS) State run Coal India Limited has set a production target of 464 million tonnes in the next fiscal year and it will make an capital expenditure ... Read more...
Posted in Business |
PMO ensures Coal India supplies adequate to power plants
February 15th, 2012 - 6:43 pm ICT by IANS
New Delhi, Feb 15 (IANS) With power producers clamouring for its intervention in ensuring coal supplies, the Prime Minister's Office Wednesday said it has asked state miner Coal India ... Read more...
Posted in Business |
Coal India’s Q3 net up by 54 percent
February 13th, 2012 - 7:39 pm ICT by IANS
Kolkata, Feb 13 (IANS) World's largest coal miner Coal India Limited (CIL) Monday posted a 54 percent increase in its consolidated net profit for the quarter ended Dec 31 at ... Read more...
Posted in Business |
BEML targeting African, Southeast Asian markets
January 30th, 2012 - 12:07 am ICT by IANS
Kolkata, Jan 29 (IANS) Leading construction and mining equipment makers BEML is targeting foreign markets like Africa for supplying earthmoving equipment and also foraying into aerospace, a company official said ... Read more...
Posted in Business |
We cannot meet power firms’ coal demands: Minister
December 1st, 2011 - 4:58 pm ICT by IANS
Ranchi, Dec 1 (IANS) Coal Minister Sriprakash Jaiswal Thursday said Coal India Limited (CIL) could not meet the requirements of the power companies."A large number of power plants are coming ... Read more...
Posted in Business |
Coal India to implement new pricing system
November 13th, 2011 - 3:07 pm ICT by IANS
Kolkata, Nov 13 (IANS) Coal India is likely to implement gross calorific value (GCV) based pricing from January 2012, a top official of the Maharatna company has said."As per the ... Read more...
Posted in Business |
Coal India’s Q2 net profit up 74 percent
November 12th, 2011 - 10:55 pm ICT by IANS
Kolkata, Nov 12 (IANS) Maharatna company Coal India Limited Saturday reported a 74 percent rise in its net profit to Rs.2,593 crore in the second quarter ending Sep 30, from ... Read more...
Posted in Business |
Coal India steps up supplies to power sector
October 22nd, 2011 - 9:59 pm ICT by IANS
Kolkata, Oct 22 (IANS) State-run Coal India Limited (CIL) increased coal dispatches to power utilities across the country by 28 percent during the period Oct 11-20, the company claimed Saturday.The ... Read more...
Posted in Business |
Coal shortfall hits steel production in Bengal
October 18th, 2011 - 4:06 pm ICT by IANS
Kolkata, Oct 18 (IANS) Production in the secondary steel sector of West Bengal has fallen as heavy rains have prevented the state-run Coal India Limited (CIL) from supplying enough of ... Read more...
Posted in Business |
Central Coalfields loses heavily due to strike
October 10th, 2011 - 7:38 pm ICT by IANS
Ranchi, Oct 10 (IANS) Central Coalfields Limited (CCL), a subsidiary of Coal India Limited (CIL), suffered production loss of around 60,000 tonnes Monday due to a strike by the employees ... Read more...
Posted in Business |
Telangana agitation trips power supply in Maharashtra
October 10th, 2011 - 7:19 pm ICT by IANS
Mumbai, Oct 10 (IANS) The ongoing agitation for a separate Telangana state in neighbouring Andhra Pradesh has had a fallout in Maharashtra - massive power cuts since the past ... Read more...
Posted in Business |
Strike hits Coal India mines in Orissa
October 10th, 2011 - 3:33 pm ICT by IANS
Bhubaneswar, Oct 10 (IANS) The operations of state-owned Coal India Limited (CIL) in Orissa were hit Monday by a one-day strike called by its major workers' unions, an official ... Read more...
Posted in Business |
Coal India keen on developing abandoned mines
September 20th, 2011 - 8:44 pm ICT by IANS
Kolkata, Sep 20 (IANS) World's largest coal miner Coal India Limited (CIL) Tuesday said it will go ahead with developing its abandoned mines in partnership with global firms if the ... Read more...
Posted in Business |
Coal India plans report on green initiatives
July 24th, 2011 - 12:05 am ICT by IANS
Kolkata, July 23 (IANS) Coal India Limited (CIL) will come up with a sustainability report which will constitute a part of the corporate social responsibility activity of the company, for ... Read more...
Posted in Environment |
Confident of strengthened trade ties with Bengal: US official
June 17th, 2011 - 7:56 pm ICT by IANS
Kolkata, June 17 (IANS) A top US diplomat Friday exuded confidence in the commitment of West Bengal's new regime to developing bilateral commercial ties but said the region faced ... Read more...
Posted in Uncategorized |
Government mulls competitive bidding of coal blocks
May 24th, 2011 - 12:57 pm ICT by IANS
Kolkata, May 24 (IANS) The central government will consider competitive bidding for coal blocks, but only after allocating blocks to state-run Coal India Limited (CIL) and he state governments, Coal ... Read more...
Posted in Business |
Sponge iron units demand rollback of coal price hike
May 5th, 2011 - 11:58 pm ICT by IANS
Kolkata, May 5 (IANS) Criticising state-run Coal India Limited (CIL) for "arbitrarily" raising coal prices, the West Bengal Sponge Iron Manufacturing Association (WBSIMA) Thursday demanded a rollback of the hike ... Read more...
Posted in Business |
Calcutta power utility earns Rs.4,000 crore in FY11
April 29th, 2011 - 6:12 pm ICT by IANS
Kolkata, April 29 (IANS) The gross revenue of power utility Calcutta Electric Supply Corporation (CESC) Limited has crossed Rs.4,000 crore ($9 million) during FY11, its vice-chairman Sanjiv Goenka said Friday."CESC's ... Read more...
Posted in Business |
Coal India gets 27 proposals for imported coal
April 27th, 2011 - 12:09 pm ICT by IANS
Kolkata, April 27 (IANS) Coal India Limited (CIL) has received 27 proposals from 16 companies for getting imported coal at discounted prices, a top company official has said."We sought proposals ... Read more...
Posted in Business |
Green hurdle forces Coal India to downgrade target
April 21st, 2011 - 10:39 pm ICT by IANS
Kolkata, April 21 (IANS) Coal India Limited (CIL), which was eyeing a production target of 520 million tonnes this fiscal, has downgraded it to 452 million tonnes due to a ... Read more...
Posted in Uncategorized |
Coal consumers body demands price roll back
April 19th, 2011 - 11:14 pm ICT by IANS
Kolkata, April 19 (IANS) The Coal Consumers' Association of India (CCAI) Tuesday said the recent price hike in coal by Coal India Limited would hit major sectors of the economy, ... Read more...
Posted in Uncategorized |
Delay in clearances affecting coal production: official
February 23rd, 2011 - 1:04 am ICT by IANS
Kolkata, Feb 22 (IANS) World's largest coal miner, Coal India Limited Tuesday said a number of projects have got stuck with the central environment and forests ministry refusing to give the necessary ... Read more...
Posted in Environment |