Coal India to ink pacts with Indian Oil, BHEL, GAIL to set up 4 gasification projects

Coal India Ltd (CIL) will be inking three major pacts on September 27 with BHEL, Indian Oil Corporation and GAIL India for setting up four surface coal gasification projects in the country. These pacts will help in facilitating setting up of coal-to-chemical projects through surface coal gasification route, official sources said. Through the surface coal […]

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No demerger of BCCL and CMPDI before listing of the two Coal India arms: CMD

Coal India (CIL) has no plans for the demerger of Bharat Coking Coal (BCCL) and Central Mine Planning and Design Institute (CMPDI) before their listing, CIL chairman & managing director Pramod Agrawal said. Addressing the state-run coal miners’ 48th annual general meeting, Agrawal said: “A part of their (BCCL and CMPDI) shares may get listed… We […]

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Steel makers in Chhattisgarh desperately waiting for enhanced supply of coal

Reeling from a severe coal crisis, secondary steel makers in Chhattisgarh are looking to enhance supply from the mines in the state. The mineral-rich state contributes about 20 per cent to the country’s secondary steel output. “The annual requirement of coal for steel industries, including captive power plants in Chhattisgarh, is around 20-22 million tonnes (MT). But […]

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Coal India’s capital expenditure rises by 65% in Q1, 2022-23

Coal India’s capital expenditure increased by 64.8 per cent to Rs 3,034 crore in June quarter 2022-23, driven by strong spend in acquiring land and strengthening transport infrastructure in its coalfields under first-mile connectivity projects. Coal India’s capital expenditure was Rs 1,841 crore in April-June period of last financial year. “Sustaining its growth in capital […]

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