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09 Jun 2021

Coal India asks government for vaccines after almost 400 deaths

Nearly 400 of Coal India Ltd's staff died due to COVID-19, according to a Bloomberg report. Coal India Ltd has asked PM Narendra Modi’s government to aid them to accelerate the vaccination of its workforce. Coal India said that most of the casualties have occurred during the deadly second wave in India.

31 May 2019

Coal India Q4 net up 362% to Rs 6024 crore

The company's sales was at Rs 26,704.27 crore for the quarter under review against Rs 24,747.10 crore in the same period of FY'18.

15 Sep 2017

Tariff discount of power companies may lead to Rs 125 crore savings

This policy has been named as Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI).

03 Sep 2017

CIL rules out privatisation buzz, says no coal shortage

Coal India is fully capable to fulfil the coal demand in India, he said, adding the company has plans to open new mines in the future.

03 Sep 2017

Coal India says efforts to buy coal mines in Australia in process

India's dependence on imports is particularly heavy on coking coal which is an important ingredient in the steel making process.

27 Jun 2017

NITI Aayog proposes break up of Coal India into seven companies

Fresh coal production should come from private sector mines, the government think-tank NITI Aayog said, adding that the move called for reforms in allocating coal blocks to independent companies specialised in coal mining.

31 May 2017

Coal India to focus on marketing, renames sales and marketing wing

State-run miner Coal India has rechristened its sales and marketing wing as 'Marketing and Sales' department in order to give more stress on marketing of the fossil fuel.

coal mine auction

05 Apr 2017

Govt to soon start auction process for commercial coal mines

The government may soon start the process of commercial coal mine auction as it waits for feedback on the discussion paper floated by the coal ministry.

India Coal Imports

12 Jun 2016

Coal imports decline 19% to 16 MT in May

Coal imports declined by 19.2 percent to 16.38 million tonnes last month on the back of sufficient availability of domestic fuel.

05 Feb 2016

CIL unit declares interim dividend of Rs 2,758 cr

State-owned CIL on Friday said its arm Mahanadi Coalfields Ltd has declared an Interim dividend of Rs 2,758.45 crore for 2015-16.

03 Dec 2015

CIL to pump in Rs 57K cr in 5 years to ramp up output to 908 MT

The tentative capital investment projection for 2015-16 is Rs 5,990.5 crore.

Government stake sale

18 Nov 2015

Govt approves 10% stake sale in Coal India, eyes 20K cr

At current market capitalisation, based on CIL stock price, 10 percent stake sale could fetch about Rs 21,137.71 crore.

CIL performance-linked

14 Oct 2015

Govt clears performance-linked payment for CIL officers

Government on Wednesday approved payment of Performance Related Pay to executives and non-unionised supervisors of Coal India Ltd (CIL) and its subsidiaries.

07 Oct 2015

Govt may seek special dividend from top PSUs to meet tax deficit

Companies like Coal India Ltd, NTPC, ONGC, GAIL, IOC etc may be asked to pay special dividend if government decides so.

16 Aug 2015

Coal India yet to sign fuel supply pacts for 2,560 MW

Coal India had been directed to sign supply pacts with power plants for total generation capacity of 78,535 MW to ensure fuel availability.

14 Apr 2015

CIL to import about 2 MT of coal in FY16

State-owned Coal India will import about 2 million tonnes of coal, to be supplied to power producers, in the current fiscal.

30 Jan 2015

Coal India's base issue size of 5% fully covered

The government`s sale of a 5 percent stake in Coal India Ltd was fully covered by 2.33 p.m. on Friday, data from stock exchanges showed. The offering has a green shoe option, or provision to sell an additional stake of 5 percent.

30 Jan 2015

CIL down 4% as floor price for stake sale set at a discount

The retail category of 12.63 crore shares got bids for over 7.20 lakh shares (0.57 percent). The general category of over 50.53 crore shares were subscribed nearly 0.75 percent.

30 Jan 2015

CIL stake sale begins; shares tank nearly 4% in early trade

The retail category of 12.63 crore shares got bids for over 7.20 lakh shares (0.57 percent). The general category of over 50.53 crore shares were subscribed nearly 0.75 percent.

30 Jan 2015

CIL stake sale today; government eyes Rs 22,600 cr

The floor price was fixed on Thursday at a discount of about 5 percent from the current market price of Coal India (CIL), where the government presently holds nearly 90 percent stake.

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