Coal India (CIL) has reported 1.3% rise in supply of coal to power sector to 420.2 million tonnes (mt) in 2016-17. The increase in supply comes at a time when demand of coal by the power sector has picked up on back of economy doing well. The company which accounts for over 80% of the domestic coal production had dispatched 414.7 mt of fuel in FY 2..
Coal India (CIL) is planning to set up a coal based methanol plant in West Bengal. The company intends to diversify into new ‘Coal to Chemical business’ domain by converting the high calorific value, low ash thermal coal into chemical. In order to implement the new strategy, premises of its existing Dankuni Coal Complex in West Bengal has been iden..
Coal India is reportedly looking to buy coking coal assets in Australia, as the country looks to beef up its foreign coal assets. The state-controlled company is currently zeroing in on Australia and South Africa. In February the company planned to acquire coking coal assets abroad as India lacked technology to economically develop local reserves, ..
Coal India has reported provisional production of 66.07 million tonnes (MT) in March 2017, as against a target of 63.23 MT. The company’s total off-take for the month of March stood at 52.30 MT, as against a target of 58.30 MT. Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades ..
The Exchange has sought clarification from Coal India with respect to news article appearing on The Economic Times on March 25, 2017 titled ‘CCI Cuts Coal India Penalty by a Third to Rs 591 crore.’ The above information is a part of company’s filings submitted to BSE.
Coal India is currently trading at Rs. 291.25, down by 6.80 points or 2.28% from its previous closing of Rs. 298.05 on the BSE. The scrip opened at Rs. 294.70 and has touched a high and low of Rs. 294.70 and Rs. 290.55 respectively. So far 4,23,000 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week..
Godrej Properties has entered into a development management agreement with Shivam Realty to develop a residential group housing project off the Akurli cross road at Hanuman Nagar, Kandivali East, Mumbai. Spread over 5 acres, the project will offer approximately 93,000 square meters (1 million square feet) of saleable area and will be developed as a..
The fair trade regulator Competition Commission of India (CCI) has levied a penalty of Rs 591.01 crore on public sector undertaking Coal India (CIL). The Commission has imposed a penalty on CIL of 1 per cent of the average turnover of the last three years. The CCI has found CIL and its subsidiaries to be in contravention of the provisions of Sectio..
Coal India (CIL) is expecting around 400 million tonnes (MT) of output this fiscal from its 121 projects that are under operations. The company’s 65 new projects, with a targeted capacity of 302.88 MT per year, were identified in FY 2014-15, of which project reports for 57 projects have been formulated. It currently operates 15 washeries and is pla..
Coal India is currently trading at Rs. 323.10, up by 2.10 points or 0.65% from its previous closing of Rs. 321.00 on the BSE. The scrip opened at Rs. 323.00 and has touched a high and low of Rs. 323.70 and Rs. 319.10 respectively. So far 19,000 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week hig..
The Exchange had sought clarification from Coal India Ltd with respect to news appearing on livemint.com on April 17, 2017 titled "177 mines of Coal India downgraded on quality concerns."Coal India Ltd
response is enclosed.
Schedule of Non-Deal Roadshow in India
The Exchange has sought clarification from Coal India Ltd with respect to news article appearing on livemint.com on April 17, 2017 titled "177 mines of Coal India downgraded on quality concerns " with respect to the operational and financial impact on the company post the downgrade of the mines.The reply is awaited.
Provisional Production and Offtake Performance of CIL and Subsidiaries for the month of March 17 and April 16 to March 17
Termination of services of Shri. R. Mohan Das- Director(P&IR), Coal India Limited
The Exchange had sought clarification from Coal India Ltd with respect to news appearing in The Economic Times on March 25, 2017 titled "CCI Cuts Coal India Penalty by a Third to Rs 591 crore." Coal India Ltd response is enclosed.