State-owned Coal India Limited (CIL) allocated 37.21 million tonnes of coal during the April-February period of FY20-21 under spot e-auction scheme, registering a year-on-year increase of 36.3 per cent. Coal India Ltd (CIL) had allocated 27.30 MT of coal in the April-February period of FY 2019-20, according to Coal India’s data. In the month of February 2021 alone, […]
Coal India Ltd (CIL) arm Northern Coalfields Limited (NCL) supplied 87 per cent of its total coal to electricity producers during the last fiscal year. There was also about 14 per cent increment year-on-year in the average supply of coal rakes to upcountry consumers, the PSU said in a statement. Northern Coalfields Ltd (NCL), the Singrauli-based […]
Coal India said its capital expenditure (capex) almost doubled to hit an all-time high of Rs 13,115 crore in the just concluded fiscal year. CIL’s original sanctioned capex budget was Rs 10,000 crore for FY’21. ”Coal India Ltd (CIL) more than doubled its capital expenditure to an unprecedented high of Rs 13,115 crore in FY’21…. […]
Lower demand from the power sector due to the COVID-19 pandemic reduced state-run Coal India Ltd’s (CIL) production by a marginal 1 per cent during the financial year 2020-21. CIL produced 596.2 million tonnes (MT) as compared to 602.1 MT during the previous financial year. On the other hand, coal offtake saw a decline of […]
State-owned Coal India Limited (CIL) said it provided additional coal supply in the country during 2020-21, which prompted customers to go for 90 million tonnes of domestic coal instead of importing it from abroad. The public sector undertaking said in a statement that it curbed coal imports to the tune of 90 million tonnes. Sustaining its growth […]
State-owned Coal India (CIL) said its coal grade slippage in the third quarter of the ongoing fiscal was down to 34 per cent and clarified that provisional bills of customers later get adjusted once the actual quality of coal is tested. Grade slippage implies that the fuel’s grade during the sampling is found inferior than the declared […]
State owned Coal India (CIL) would invest an additional Rs 47,300 crore to produce 193 million tonnes per annum (MTPA) above its sanctioned capacity of producing 303.5 MTPA from 24 existing projects. While a chunk of the investment earmarked will go in expanding the existing 24 projects, there will be fresh investments made in 8 new projects. […]
The board of directors of state-owned CIL has approved 32 coal-mining projects in the current financial year (till January), indicating an incremental capital of around Rs 47,300 crore. While 24 of the 32 projects are expansion of the existing ones, the remaining are greenfield units, Coal India Ltd (CIL) said in a statement. “Scripting a record high…CIL has approved […]
Coal India Ltd’s production and sales numbers during February continued to disappoint, declining by 6.6% and 6.2% respectively. Though production at SECL, the company’s largest coalfield, increased, the disappointment was led by a decline in production at most other coal fields. Volume growth continues to remain a concern. Analysts attribute Coal India’s sluggish February operating […]
Coal India plans to invest Rs 1.43 lakh crore in 26 projects in new business areas. The new business areas will include solar wafer manufacturing, a greenfield aluminium project along with brownfield aluminium projects in a joint venture with NALCO, solar generation projects, and thermal power plants. CNBC-TV18 reported that the company has received approvals […]
