While the country is being forced to import coal and domestic power plants run on low stocks, Coal India Ltd (CIL) has been able to spend just 30% of its capital expenditure plans for the year till November, report submitted by the company to the coal ministry shows.
The government is hopeful of higher output in the next year from already allocated mines and plans to further allot 10 mines to state-run behemoth Coal India Ltd (CIL) in 2019. With the power production having increased in the last few years, the demand for coal has gone up.
The Indian Railways allotted at least 4,300 goods trains or rakes in the past 12-15 months on instruction from Coal India Limited, for supplying about 17 million tonnes of coal to the state-run miner’s non-power consumers
State-run miner Coal India Ltd (CIL) today reported a 4.21 per cent increase in its consolidated net profit at Rs 3,004.79 crore for the quarter ended December 2017.
Coal Minister Piyush Goyal is not content with Coal India Ltd’s (CIL) robust 10 per cent production growth till October. He wants more to meet the demand.
State-owned Coal India Ltd is expecting some let up in the fuel shortage crisis in power plants by the first week of November.
Coal India Ltd (CIL), which is taking up “a series of steps” to increase the availability of domestic coal to power sector
Officers of different Coal India Ltd subsidiaries on Wednesday staged a demonstration in front of the mining major’s headquarters here to press for wage-related demands.
Coal India Ltd. (CIL) may close down 53 underground mines in 2018-19 even as it looks for solutions to these mines which it had inherited as a legacy of the pre-nationalisation days, said Anil Kumar Jha, Chairman, CIL.
Coal India Ltd (CIL) is optimistic about an aspirational production target of 652 million tonne for the fiscal year 2018-19, the mining major’s Chairman A K Jha said on Wednesday.