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INDIAN COALFIELDS
Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stakeThe government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake....- CIL's April coal auction quantity drops 6% vs March to 30.5 MTCoal India Limited offered 30.5 million tonnes of coal in April auctions. This marks a slight decrease from March. Global energy prices are...
- Coal India, CESC and other power stocks: JM Financial analyst explains impact of Bengal electionsJM Financial views the West Bengal election outcome as a potential boost for power sector governance, driven by expectations of reform unde...
- I-PAC director Vinesh Chandel sent to 10 days in ED custodyA special court in Delhi has remanded Vinesh Chandel, co-founder of I-PAC, to 10 days of ED custody after his arrest in a money laundering ...
- ED arrests I-PAC co-founder Vinesh Chandel in West Bengal coal scam caseThe Enforcement Directorate has arrested Vinesh Chandel, a director of political consultancy firm I-PAC. This arrest is linked to a money-l...
- Amid West Asia crisis, CIL plans to offer 25.62 million tonnes of coal in April via auctionCoal India Limited is set to auction 25.62 million tonnes of coal this month. This move aims to address energy supply disruptions caused by...
- Coal India’s output falls as workers began a three-day strike to oppose private competition in miningAttendance of workers fell to 20% in Coal India and 17% at Singareni Collieries Company Ltd but executives attended office. “Production and...
- Coal India arm assures compliance with green rules for mining in new Assam projectThere is opposition from different quarters to coal mining in the area on the ground that it will pose threat to the environment and wildli...
- Unions oppose Coal India’s move to shift marketing offices from KolkataThe decision was to shift subsidiary desk offices along with respective marketing and sales offices of subsidiaries, Eastern Coalfields, Bh...
- S K Gomasta takes over as director technical at Coal India’s exploration armGomasta started his career in the coal industry from Coal India’s subsidiary Western Coalfields in 1984. He has worked in different capacit...
- Mahanadi coalfields loses 20 million tonne production due to strikesMahanadi Coalfields Ltd, one of the largest coal producing companies in the country, has lost about 20 million tonne of production so far t...
- Mahanadi Coalfields suffers loss of ₹60 crore as unions observe strikeProduction and sales came to a grinding halt at Mahanadi Coalfields on the first day of the two-day strike which, however, didn’t take a ma...
- Coal India supplies 30% more coal to Tamil Nadu for meeting demandCoal India supplies 30% more coal to Tamil Nadu for meeting demand.
- 3 CIL subsidiaries slash valuations by at least 75%But even as the valuations have been reduced, the amount of money that Coal India will receive post reduced valuation through proposed shar...
- Centre fills up five posts of independent directors at Coal IndiaTwo other subsidiaries, South Eastern Coalfields and Mahanadi Coalfields, have four posts each for independent directors, all of which are ...
- Northern Coalfields Ltd's former General Manager, son get 5 year RI in disproportionate assets caseRai was allegedly found in possession of assets worth Rs 1,27,63,034 which were disproportionate to his known sources of income.
- Coal India sacks 126 employees in OdishaTalcher, India’s largest coalfield, accounts for about 60% of CIL output. About half of Mahanadi Coalfields’ employees have been recruited ...
- Captive power projects lose Railway linkagesLack of rakes will adversely affect over 70% of the about 50,000 mw of captive power production capacity installed by industrial houses.
- Coal India to raise prices of select gradesCost of power generation for companies in Maharashtra is slated to rise as Coal India will hike price of coal supplied by Western Coalfield...
- CIL to ink global pacts for Rs 4,000-cr washeries projectCIL is set to sign pacts with global companies this month to set up two washeries to reduce ash content in domestic fuel.
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