The Public Enterprises Selection Board (PESB), which was entrusted with the task of finding a candidate for the chairman’s post at Coal India Ltd (CIL), has not been able to find any candidate suitable for the post.
S Chakravarty was today appointed as Chairman-cum-Managing Director of West Bengal-based Eastern Coalfields Ltd (ECL).
New Delhi: Power, coal, mines and renewable energy minister Piyush Goyal has announced that state-owned miner Coal India Ltd (CIL) will set up 1,000 Megawatt (Mw) solar power generation capacity in a bid to reduce its carbon footprint.
Mahanadi Coalfields Limited(MCL), a subsidiary of Coal India Ltd, today said it has posted about nine per cent growth in profit before tax (PBT)at a record Rs 6,853.32 crore in 2016-17 as against Rs6,283.44 crore profit in previous fiscal.
Government think tank NITI Aayog’s Vice Chairman Arvind Panagariya today said unbundling of state-owned mine Coal India Ltd will have favourable impact on the sector as it will lead to a competitive market.
State-run Coal India Ltd reported a lower-than-expected fourth-quarter consolidated profit, hurt by higher costs.
The government on Wednesday approved the coal supply policy from Coal India Ltd to power plants, sources said.
State-owned miner Coal India Ltd’s five worker unions have threatened a three-day strike from June 19 to protest a proposal to merge Coal Mines Provident Fund Organisation (CMPF) with the Employee Provident Fund (EPF).
Coal India Ltd, the world’s largest coal miner, is considering a listing on the London Stock Exchange and has had early discussions with the LSE, three sources with direct knowledge of the matter said on Thursday.
The recent grade downgrades at Coal India’s mines could hit its realisation from fuel supply agreement (FSA) by 3-5% and estimated earnings for the current fiscal year by 11-16%