Sponge iron firms pay 80% more on coal for long termSome 450,000 tonnes of coal of various grades were offered to sponge iron manufacturers in the first three days of the auction, which were ...
30 Jun, 2018, 10.58 AM IST
Coal India raises coking coal prices by at least 20 per centLinking premium grades of coking coal to international prices would allow the Coal India subsidiary to effect substantial hike in prices fo...
13 Jan, 2017, 08.12 PM IST
CIL looks to auction coal linkages by March-end or early AprilCIL is getting ready to start auction of coal linkages to the non-power sector, including steel and cement, either by March-end or early Ap...
17 Feb, 2016, 03.00 PM IST
Non-power consumers of coal will have to take part in CIL's auctionsNon-power consumers of coal, which have been receiving supplies on an ad hoc basis from Coal India, will now have to participate in the min...
16 Oct, 2015, 12.03 PM IST
Government push to slash premium coal prices may force Eastern Coalfields, Bharat Coking Coal into lossesThere’s a big discount on lower-quality coal while the higher quality fuel is slightly costlier, hence lowering prices of the first will le...
04 Sep, 2015, 04.00 AM IST
Coal India to weed out anomalies in pricing system: Piyush GoyalThe minister also said that the government is working on the modalities of coal supply contract auctions, which have been postponed to next...
29 Aug, 2015, 03.42 AM IST
CIL's Eastern Coalfields plans to raise prices of low-grade coal by at least 10%ECL’s cost of production is higher than other subsidiaries because of the depth at which coal is extracted.
29 Apr, 2015, 05.16 AM IST
Coal India's e-auction: Shortage of coal pushes up pricesDuring the past few months, eauction fetched about 65% premium on average over the prices at which CIL sells to the power utilities.
17 Feb, 2015, 04.26 AM IST
As rupee sinks, CIL plans to substitute imported coal with domestic varietyCIL decided to substitute its imported coal supplies to consumers with high-grade output from its own mines.
26 Aug, 2013, 11.06 AM IST
Coal India thrusts high-quality fuel on non-power companies"CIL reduced prices of this category recently, yet buyers are finding the international variety a shade cheaper," a CIL official said.
18 Jun, 2013, 04.00 AM IST
- Price of electricity in rural Bengal may go up
The revision in coal prices by Coal India Ltd may lead to an increase in electricity tariffs in rural Bengal.
28 May, 2013, 08.11 PM IST
Coal India may cut prices of premium grades coalCoal India's PAT for 2012-13 rose 17.37% from a year ago to 17,356 crore, mainly due to a 7% rise in off take and a 2% rise in net realisat...
28 May, 2013, 05.59 AM IST
- CIL raises coal rates by 10%; input cost may go up for users
CIL will raise coal prices by an average of 10% on lower grades with effect from tomorrow, a move which may lead to higher input costs for ...
27 May, 2013, 10.11 PM IST
- Coal India may look at revising price of premium coal
PSU major Coal India Ltd (CIL) may look at revising the price of premium coal in the back drop of international rates showing an easing tre...
27 May, 2013, 08.19 PM IST
Abolish Coal India’s monopoly, break it upThe current clash between NTPC, India’s main power producer, and Coal India (CIL), the coal monopoly, can be hugely transformative for the ...
11 Apr, 2013, 07.48 AM IST
- Coal India to restructure coal pricing from January
Coal India Ltd will restructure coal prices as it plans to switch over to the pricing based on the Gross Calorific Value method from January
02 Dec, 2011, 11.25 AM IST
- Coal India hikes prices by 12% for select consumers
It has spared buyers in the power, fertiliser and defence sectors, which account for 80% of its sales, and raised prices for other buyers.
28 Feb, 2011, 04.23 AM IST