Coal India teams up with Indian Railways CRIS for sharing coal freight data

State-owned Coal India has signed a pact with the Centre for Railway Information Systems (CRIS), a wing under the railways ministry, for monitoring the movement of rakes laden with fossil fuel and coal despatch activity. The first-of-its-kind data sharing offers Coal India Ltd (CIL) a bouquet of benefits that will help it in rationalising the […]

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Coal import prices in India volatile as China bans Australian import: India Ratings (Ind-Ra)

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The indefinite Chinese ban on Australian coal imports will keep import prices for India volatile over the near term, according to India Ratings and Research (Ind-Ra). For the Australia-origin coking coal import (comprising 67 per cent share in FY20) prices have remained subdued up to mid-December, providing respite to the spreads for domestic steel players […]

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Private thermal power companies get Rs 40,000 crore liquidity boost: CRISIL

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Thermal power plants in the private sector are likely to receive Rs 40,000-crore liquidity boost. Combining government initiatives along with Coal India’s decision to offer longer term credit to them amounts to a hefty Rs 40,000 crore benefit to the players. While the government has decided to liquidate the overdue receivables from state discoms under a […]

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Coal India supply of coal to power sector drops by 5% to 277 million tonnes in April-November

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Coal supply by state-run Coal India Limited (CIL) to the power sector declined by 5.3 per cent to 277.46 million tonnes in the April-November period of the current fiscal. The state-owned company had supplied 292.88 million tonnes of coal to the power sector in the corresponding period of the previous fiscal, according to official data. In November, […]

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