Sanjiv Soni is new CIL finance directorMeanwhile, the tenure of South Eastern Coalfields Ltd personnel director R S Jha's tenure has been extended till January 2021, the sources ...
Government may get Rs 23,944 crore from clean environment cess in FY17The purpose of clean energy/environment cess was for financing and promoting clean energy initiatives, funding research in the area of clea...
Government forms inter-ministerial group to discuss Coal India share buybackAs per the proposal, buyback will be followed by an additional divestment that will bring down the Centre’s stake in the company below 75% .
Timing of Coal India Ltd stake sale to be decided by Finance Ministry: Coal SecretaryThe Coal Ministry today said the timing of stake sale in Coal India Ltd, which may fetch the exchequer about Rs 24,000 crore, will be decid...
Finance Ministry opposes coal to power plants not having FSAThe Finance Ministry has stated that the proposal presents a moral hazard of treating entities that had come up without fuel supply commitm...
CIL, NTPC spar over Rs 3,000 crore arrear settlementPower ministry, has told NTPC to settle the arrears based on the three-month average gross calorific value of the coal supplied by CIL.
Coal India hopeful of achieving FY-14 capex target of Rs 9000 croreThe Coal Ministry has set a production target of 482 million tonnes (MT) and offtake of 492 MT for CIL for 2013-14.
Conditions not conducive for CIL stake sale: Coal minister to Dept. of DisinvestmentThe Coal Ministry has written to the DoD stating that the proposed stake sale in PSU is not conducive for the same.
Three day strike by employees will hit production, Coal India tells governmentThe proposed three-day strike by employees of CIL from September 23 will have adverse impact on coal production, CIL has informed the govt.
Panel on policy for PPP model may submit report by DecemberPanel set to devise a policy on public-private-partnership framework, with CIL, is likely to submit its report by December.
Budget 2013: Public Private partnership to boost coal supplyCoal imports during Apr-Dec period has crossed 100 million tonnes. It is expected to touch 120 million tonnes by March 2013.
- CIL board meet this week may discuss overseas buyout plans
Board of CIL may fast-track decision on overseas acquisitions, in the wake of Finance Ministry giving approval to go ahead with buyout of u...
- Coal India Ltd gets Finance Ministry's nod for acquiring unlisted foreign companies
However, the FinMin has not given complete relaxation to the norm of minimum 12 per cent IRR from such acquisitions.
- Coal India earmarks over Rs 10,000 crore capex for FY-12; stock up
Coal India has earmarked an over Rs 10K cr capital expenditure for current fiscal on capacity expansion and acquisitions that are likely to...
- Coal India earmarks over Rs 10,000 crore capex for FY-12
CIL Chairman N C Jha said the company was hopeful of signing deals for three acquisitions in Australia, US and Indonesia within the next 6 ...
- Bharat Coking Coal boss front-runner for CIL top job
The chairman and managing director of Bharat Coking Coal (BCCL), T K Lahiri, has emerged as the front-runner for the top job of Coal India ...
- Race for Coal India top job gathers momentum
CIL, which created history in the Indian capital market with the largest-ever initial public offering, has already started the process.