State-owned Coal India Limited (CIL) announced that its subsidiary Northern Coalfields Ltd (NCL) has tied up with power major NTPC to install a 50 megawatt (MW) solar power project in Madhya Pradesh. This will be the first ground-mounted solar project for NCL for which the project consultant NTPC has invited bids with a pre-bid date […]
State-owned Coal India’s (CIL) overdues from gencos have come down to Rs 16,840 crore as of 31 August from Rs 22,000 crore at the start of the fiscal, an above 65%% recovery in last five months. The company’s director finance, Samiran Dutta, replying to queries at the 47th annual general meeting said overdues were reducing […]
State-owned CIL has been writing to power generating companies since October last year urging them not to regulate the intake of coal and build up stock at their end, so that the electricity production does not suffer during summmer and monsoon seasons, according to official sources. The development assumes significance in the wake of power houses in […]
State-owned Coal India said its e-auction allocation stood at 35.5 million tonnes (MT) during April-July 2021 under five auction categories, registering a sharp 28.6 per cent increase over the same period a year ago. Its e-auction allocation was 27.6 MT in the corresponding four months of the 2020-21 fiscal. Coal India Ltd’s (CIL) actual e-auction net […]
Coal India Ltd (CIL) sent a rake with around 4,000 tonnes of coal to Bangladesh, the first after the state-owned company allowed exports of its dry fuel procured by domestic buyers under e-auction windows last month. The coal is meant for the 1,320 MW Rampal thermal power station, an NTPC and Bangladesh Power Development Board (BPDB) Joint Venture, […]
To reduce its carbon footprint, Coal India Ltd (CIL) has put special thrust on energy efficiency measures and is forging ahead with a series of measures to offset carbon emission in mining operation in all its coal producing companies. CIL has also drawn an ambitious 5-year plan of carbon offset in different fields of its […]
Coal India Ltd., the world’s largest miner of the fossil fuel, is about to enter negotiations with trade unions over potentially hefty pay hikes at a time when the global push for clean energy is putting the industry’s future into doubt. The Indian coal giant is expected to begin talks this month that could result […]
Having bagged an initial 100-MW solar power project in Gujarat, Coal India Ltd. aims to build a 3,000-MW portfolio as part of its agenda to turn carbon-neutral by 2024. The power purchase agreement (PPA) signed recently between the Coal India Ltd (CIL) and Gujarat Urja Vikash Nigam Ltd (GUVNL) for supply of solar power to Gujarat, though small in size, […]
Despite the second wave of COVID-19 restrictions in several states, Coal India Ltd. (CIL) maintained its output and dispatch momentum in May 2021. The state-owned mining major is likely to report dry fuel production of around 41.7 million tonnes and offtake of nearly 55 million tonnes this month as against production of 41.43 million tonnes and sales […]
India’s mines ministry is looking to address the “issues and shortcomings” that come in the way of fixation of average sale price (ASP) of minerals. The government has also sought suggestions from various stakeholders to overcome the issue till the National Mineral Index (NMI) is formulated for individual minerals. Miners’ body Federation of Indian Mineral […]
