CIL meets only 30% capex plan amid coal shortage

CIL meets only 30% capex plan amid coal shortage

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.

Coal India May Close 53 Underground Mines

Coal India May Close 53 Underground Mines

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.

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