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LIGNITE PRODUCER
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%As the market seems to be in comeback mode, it helps to be aware that the best (and probably biggest) wealth creator of the last couple of ...- Coal ministry invites applications under gasification projectsThe Coal Ministry has launched a new initiative to boost coal gasification projects. Companies can now apply for financial incentives to su...
- NLC India, Reliance Industries to jointly explore developing underground lignite gasification project in GujaratNLC India Ltd and Reliance Industries Ltd are partnering to explore underground lignite gasification in Gujarat. This collaboration aims to...
- Cabinet to soon approve Rs 37,500 cr incentive scheme to promote coal gasification projectsThe Union Cabinet is poised to approve a Rs 37,500 crore incentive scheme to promote coal gasification projects. This initiative aims to bo...
- GMDC shares rocket 18% to new 52-week high. What’s triggering the sharp surge?Gujarat Mineral Development Corporation (GMDC) share price surged 18% to a new 52-week high of Rs 736, driven by robust trading volumes exc...
- Govt amends rules to allow 50% sale of coal from captive mines"The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing sale of coal or lignite, on payment of additional ...
- Centre plans to permit sale of 50% coal from captive blocks; invites commentsThe Centre plans to permit sale of 50 per cent of coal/lignite produced by captive blocks, a move aimed at augmenting the production and in...
- NLC India invests big money into renewable energyThe company’s corporate plan says current lignite reserves in Neyveli are 28.31 billion tonnes, which is expected to last for 30-40 years.
- Lower VAT on lignite in GST regime to boost GMDC’s profitabilityGMDC incurs 37% tax on lignite, including VAT and excise duty. According to analysts, in case of 18% GST rate, levies will be reduced by `2...
- India's minerals production worth Rs 18,204 crore in OctoberThe country produced minerals worth Rs 18,204 crore in October, buoyed by higher coal, limestone and lignite among others, an official stat...
- NLC: Power generation not hit despite contract workers' strikePower generation of the three thermal power stations was 2330 mw, NLC Chairman-cum-Managing Director B Surender Mohan today said.
- Coal India April-January production up by 6% at 355 MTState-run Coal India registered around 6 per cent growth in production at 355 million tonnes (MT) in the April-January period of current fi...
- GMDC to start lignite production at Umarsar in AprilThe company also plans to start mining at Lakhpat Dhedadi lignite and limestone mines in Kutch, which are estimated to have 50 million tonn...
- GMDC spins power plan for spinning sectorGMDC will set up a 200 MW lignite-based power plant near Bhavnagar to exclusively supply power to the textile industry.
- Gujarat Mineral Development Corporation to double lignite mining capacityGujarat Mineral Development Corporation (GMDC) will double its lignite mining capacity in Bhavnagar and Kutch to tackle rising demand.
- Coal India gets Maharatna tagCoal India Ltd (CIL) has been conferred the coveted Maharatna status, giving the world's largest coal producer greater autonomy for taking ...
- Neyveli Lignite Q1 PAT jumps 19 per centState-owned Neyveli Lignite Corporation today posted 19 per cent jump in its net profit at Rs 342.10 crore for the quarter ended June 30, 2...
- CIL, NLC, SCCL to invest over Rs 5k cr in FY'10The three state-run coal firms -- Coal India Ltd, Neyveli Lignite Corporation and Singareni Collieries Co -- will invest Rs 5,374 crore, pr...
- Ministry for selling 26% stake in NLCNEW DELHI: The coal ministry is believed to have mooted a proposal for divesting 26 per cent stake in Neyveli Lignite Corporation (NLC) to ...
- Coal Min seeks legal opinion over NLC selloffNEW DELHI: The Coal Ministry has asked the Law Ministry to examine the issue of privatisation of Neyveli Lignite Corporation which is gover...
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