The government has garnered about Rs 2,638 crore from buyback of shares of state-run Coal India Ltd, Parliament has been informed. CIL has bought back Â“7,88,42,816 shares from Government of India out of the total offer of 10,89,55,223 equity shares @ Rs 335 per equity shares.
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
Govt receives Rs 2,638 crore from CIL share buyback
GST will lead to savings of 10-12% of overall supply chain cost
Shripad Ranade, Practice Head Â– Automotive & Engineering, Tata Strategic Management Group, explores the impact of government policies and the latest technical developments, on the construction and mining equipment sector.
Coal dispatch by CIL to power sector dips 13%
In view of weak power demand, the dispatch of coal by Coal India (CIL) to the power sector declined by 12.7 per cent to 26.4 million tonnes (MT) in August this year.
CIL production up 0.2%
Coal India Ltd has reported that its coal production grew by 0.2 per cent to 230.06 million tonnes (MT)
Coal India sells linkages
Coal India, the Indian coal behemoth, has ended up selling most of the linkages offered to captive power producers. These linkages are critical as they act like long-term assurance for supplies.
We are mechanising all our mines for better turnaround time
The Ministry of Coal (MoC) is targeting coal production of 1.5 billion tonnes. Of this one billion tonnes will come from Coal India Limited (CIL) and the remaining 500 million tonnes will come from non-CIL sources, particularly from the mines that are presently being auctioned or allocated to non-Coal India entities.
Coal IndiaÂ´s supply to power sector up 7% in April-Jan
CILÂ´s supply of coal to the power sector rose by 6.7 to 336 mt in the first 10 months of the ongoing fiscal with the government aiming to supply 24*7 electricity.
CIL, SCCL earn Rs.30,000 cr
The state-owned CIL and Singareni Collieries Company (SCCL) have earned incremental revenues of around Rs.30,000 crore through e-auction, Mjunction Services, a JV between Tata Steel and SAIL that pioneers in e-auction services, said.
We are planning to invest Rs.23,000 crore this fiscal
Arup Roy Choudhury, Chairman and Managing Director, National Thermal Power Corporation (NTPC) shares his views on the companyÂ´s plans for doubling its current installed capacity, its capex plan for this fiscal, the Corporate Plan-2032, and CSR activities.
The power sector had been facing serious challenges over the past few years. The key issues pertain to shortfall in supply of coal and gas, delay in clearances for projects and the declining financial health of electricity distribution utilities.