coal india ltd

Coal India to invest Rs.40,000 crore in 12th Plan


September 12th, 2012 - 9:53 pm ICT by IANS
New Delhi, Sep 12 (IANS) State miner Coal India Ltd (CIL) said Wednesday the company was committed to investing Rs.40,000 crore in the 12th Plan period (2012-17)."Capital investment plan for ... Read more...

Posted in Business |

Coal India achieves near-target performance


September 5th, 2012 - 4:39 pm ICT by IANS
New Delhi, Sep 5 (IANS) With coal dominating the political discourse, Minister of State for Coal Pratik Prakashbapu Patil Wednesday said Coal India Ltd (CIL) had achieved over 97 percent ... Read more...

Posted in Business |

Hyderabad-based Nav Bharat comes under CBI scanner


September 5th, 2012 - 12:09 am ICT by IANS
Hyderabad, Sep 4 (IANS) The Central Bureau of Investigation (CBI) Tuesday conducted raids on the offices of Nav Bharat Power Pvt Ltd, one of the five companies named by the ... Read more...

Posted in Business |

CAG pulls up Coal India for avoidable expenditure


September 4th, 2012 - 10:09 pm ICT by IANS
New Delhi, Sep 4 (IANS) India's official auditor said Tuesday that state miner Coal India Ltd (CIL) could have saved at least Rs.20 crore had it initiated prudent action ... Read more...

Posted in Business |

Coal India to get assets abroad


September 3rd, 2012 - 9:58 pm ICT by IANS
New Delhi, September 3 (IANS) Coal India Ltd (CIL) will spend Rs.5,000 crore this fiscal to acquire assets abroad, Pratik Prakashbapu Patil, minister of state in the coal ministry, said ... Read more...

Posted in Business |

Coal India board okays new fuel supply agreement model


September 1st, 2012 - 12:18 am ICT by IANS
Kolkata, Aug 31 (IANS) The board of state-run Coal India Ltd (CIL) has cleared the cost plus model for fuel supply agreements (FSAs) with power firms but asked the coal ... Read more...

Posted in Business |

Reverse privatisation of minerals: CPI-M


August 30th, 2012 - 4:38 pm ICT by IANS
New Delhi, Aug 30 (IANS) The 'coalgate' row should be used to reverse the privatisation of natural and mineral resources in India, the Communist Party of India-Marxist (CPI-M) said ... Read more...

Posted in Politics |

Coal India achieves 95 percent of targetted supply to power sector


August 27th, 2012 - 7:46 pm ICT by IANS
New Delhi, Aug 27 (IANS) Coal India Ltd (CIL) has achieved 95 percent of its supply target to the power sector, Pratik Prakashbapu Patil, minister of state for coal said ... Read more...

Posted in Business |

Prime Minister’s statement on coal block allocation


August 27th, 2012 - 3:04 pm ICT by IANS
New Delhi, Aug 27 (IANS) Prime Minister Manmohan Singh Monday made a statement in both houses of parliament on coal block allocation for which the opposition is asking for ... Read more...

Posted in Politics |

Coal may have to be imported to meet power demand


August 12th, 2012 - 4:36 pm ICT by IANS
New Delhi, Aug 12 (IANS) State miner Coal India Ltd (CIL) believes 50 per cent of the demand for power-grade fuel by electricity producers may have to be ... Read more...

Posted in Business |

Coal India approves supply penalty clause


August 7th, 2012 - 9:30 pm ICT by IANS
New Delhi, August 7 (IANS) In a decision crucial to India's power generation capacity, Coal India Tuesday agreed to a revised penalty regime in case of shortfall in supplies to ... Read more...

Posted in Business |

Coal Minister invites foreign investment


August 3rd, 2012 - 7:21 pm ICT by IANS
New Delhi, Aug 3 (IANS) Coal Minister Shriprakash Jaiswal Friday invited foreign investors to invest in India's coal sector saying the country is making all efforts to boost growth in ... Read more...

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Coal India approves 80 percent trigger point for supplies


July 31st, 2012 - 10:53 pm ICT by IANS
Kolkata, July 31 (IANS) The board of Coal India Ltd (CIL), the world's largest coal miner, Tuesday approved supplying coal to a minimum 80 percent of contracted fuel to power ... Read more...

Posted in Business |

Coal India targets 615 mn tonnes output in five years


June 6th, 2012 - 7:50 pm ICT by IANS
New Delhi, June 6 (IANS) Government-run Coal India Ltd Wednesday said it has targetted production of 615 million tonnes of coal during the 12th Five Year Plan period that began ... Read more...

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Coal India’s Q4 profit dips 5 percent


May 28th, 2012 - 9:59 pm ICT by IANS
Kolkata, May 28 (IANS) Maharatna public sector coal mining giant Coal India Ltd's (CIL) 2011-12 Q4 fiscal net profit dipped by 5 percent to Rs.4,013 crore due to wage revisions ... Read more...

Posted in Business |

‘More private participation needed in power distribution’


April 24th, 2012 - 12:07 am ICT by IANS
Kolkata, April 23 (IANS) Pitching for more private sector participation in power distribution, the Central Electricity Regulatory Commission (CERC) has said it would help improve efficiency and bring down aggregate ... Read more...

Posted in Business |

CCL’s production reaches 48.01 MT in 2011-2012


April 3rd, 2012 - 9:14 pm ICT by IANS
Ranchi, April 3 (IANS) Central Coalfields Limited (CCL), a subsidiary of Coal India Ltd(CIL), has produced 48.01 million tonnes (MT) coal in 2011-12, over the previous fiscal's total 47.52 MT, ... Read more...

Posted in Business |

Jharkhand stops land acquisition for BCCL


March 23rd, 2012 - 7:58 pm ICT by IANS
Ranchi, March 23 (IANS) The Jharkhand government has stopped land acquisition for Coal India Ltd. (CIL) subsidiary Bharat Coking Coal Limited (BCCL) as it was not following the prescribed rehabilitation ... Read more...

Posted in Business |

Strike hits mining in Chhattisgarh


February 28th, 2012 - 2:43 pm ICT by IANS
Raipur, Feb 28 (IANS) The nationwide strike called by the country's trade unions has hit bauxite, coal and iron ore mining in mineral-rich Chhattisgarh, officials said Tuesday.Reports coming in from ... Read more...

Posted in Business |

India to talk with Indonesia on proposed coal export curbs


January 28th, 2012 - 8:31 pm ICT by IANS
Kolkata, Jan 28 (IANS) Expressing concern over the proposed restrictions on export of certain grades of coal by the Indonesian government, India Saturday said it would try to find a ... Read more...

Posted in Business |

CIL making clandestine profit: ex-chairman


January 19th, 2012 - 9:49 pm ICT by IANS
Kolkata, Jan 19 (IANS) Coal India Ltd (CIL), the world's single largest coal producer, was Thursday accused by one of its former officials of misusing monopolistic power and making clandestine ... Read more...

Posted in Business |

Fuel shortage can hit power sector: Report


January 19th, 2012 - 9:44 pm ICT by IANS
New Delhi, Jan 19 (IANS) Low fuel availability and a rise in input prices caused by dependence on imported coal could continue to bog the Indian power sector in ... Read more...

Posted in Business |

Consumer body for rollback of new coal pricing


January 19th, 2012 - 9:07 pm ICT by IANS
Kolkata, Jan 19 (IANS) Describing public sector Coal India Ltd's (CIL) new pricing policy as arbitrary and harmful to industrial growth, the Coal Consumers Association of India (CCAI) Thursday demanded ... Read more...

Posted in Business |

Corporate security experts warn against job-related stress


November 22nd, 2011 - 5:39 pm ICT by IANS
Kolkata, Nov 22 (IANS) Describing job-related stress as an emerging threat to industrial security, experts Tuesday said there was an immediate need for educating people about stress management."Job-related stress or ... Read more...

Posted in Business |

Shipping Corp going slow on new vessel orders


November 15th, 2011 - 8:08 pm ICT by IANS
Kolkata, Nov 15 (IANS) Going slow on new vessel orders due to sluggish global trade and over-supply of fleet, state-owned Shipping Corporation of India (SCI) will only order about half ... Read more...

Posted in Uncategorized |

Maharashtra slams poor quality coal supply to power plants


October 14th, 2011 - 10:10 pm ICT by IANS
Mumbai, Oct 14 (IANS) Maharashtra's electricity producer Mahagenco Friday accused the Western Coalfields Ltd. of supplying sub-standard coal to its power plants which has resulted in the ongoing energy crisis ... Read more...

Posted in Business |

Coal India eyes further acquisition in Mozambique


September 20th, 2011 - 10:50 pm ICT by IANS
Kolkata, Sep 20 (IANS) State-run Coal India Ltd. (CIL) is eyeing further acquisitions in Mozambique, an official said Tuesday."Initiatives have been taken to operationalise Coal India Africana Limitada (CIAL) to ... Read more...

Posted in Health |

Policy soon on pricing 84 natural resources


September 4th, 2011 - 4:38 pm ICT by IANS
New Delhi, Sep 4 (IANS) The finance ministry will soon place before the union cabinet a note for approval on pricing of natural resources such as spectrum, petroleum, coal, ... Read more...

Posted in Business |

Coal India awaits environment clearance for 13 projects


August 30th, 2011 - 5:34 pm ICT by IANS
New Delhi, Aug 30 (IANS) Thirteen coal mining projects of Coal India Ltd are pending with the environment and forests ministry for approval, Environment and Forests Minister Jayanthi Natarajan told ... Read more...

Posted in Uncategorized |

Kolkata power firm may hike tariff


August 9th, 2011 - 9:01 pm ICT by IANS
Kolkata, Aug 9 (IANS) The RP-Sanjiv Goenka Group-owned city power utility company CESC may hike its tariff if the price of coal increases, said a company official Tuesday."If the prices ... Read more...

Posted in Business |

Tamil Nadu demands full quota of coal for power units


July 9th, 2011 - 11:00 pm ICT by IANS
Chennai, July 9 (IANS) Tamil Nadu Saturday demanded from the central government the full allotted quota of coal for the state's power stations.Tamil Nadu Minister for Electricity Natham R. Viswanathan ... Read more...

Posted in Uncategorized |

Neyveli Lignite denies fraud charges


July 5th, 2011 - 9:22 pm ICT by IANS
Chennai, July 5 (IANS) Integrated mining cum power generation company Neyveli Lignite Corporation Ltd (NLC) Tuesday said the complaint filed by its workers' union about alleged fudging of its accounts ... Read more...

Posted in Business |

Pradeep Kumar, IIT alumnus, is new CVC: Sources (Second Lead)


July 2nd, 2011 - 7:29 pm ICT by IANS
New Delhi, July 2 (IANS) Defence Secretary Pradeep Kumar, an IIT alumnus and a veteran bureaucrat, was unanimously chosen Saturday as the next Central Vigilance Commissioner (CVC) to head ... Read more...

Posted in Politics |

Belarus offers trucks for Indian coal mining


June 18th, 2011 - 9:53 pm ICT by IANS
New Delhi, June 18 (IANS) In a bid to boost its exports and strengthen economic ties with India, eastern European state of Belarus Saturday offered its state-of-the-art heavy duty dump ... Read more...

Posted in Business |

‘Lack of convergence of opinion on Bengal development’


March 17th, 2011 - 8:47 pm ICT by IANS
Kolkata, March 17 (IANS) Former chairman of Coal India Ltd Partha Bhattacharyya Thursday said lack of convergence of opinion on developmental issues between the political parties in West Bengal is ... Read more...

Posted in Business |

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