Would be scaling up its production into a higher orbit.
Tag: Coal India
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12 per cent more coal supplied by Coal India
Coal India supplied 21 million tonne of additional coal to the power sector during April-August 2018 as compared to the previous corresponding period.
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Do or Divest!
With a disinvestment target of raising Rs.72,000 crore this fiscal, the government is all set to rule Dalal Street with Rs.18,000 crore worth of Initial Public Offerings (IPOs).
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Govt receives Rs 2,638 crore from CIL share buyback
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 “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.
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Coal India misses annual production target by 44.48 million tonnes
Coal India has said that it has missed its annual production target by 44.48 million tonnes (MT) as it produced 554.13 MT of coal by the end of 2016-17 against a target of 598.61 MT.
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CCI slaps Rs 591-cr penalty on Coal India
The Competition Commission has imposed a fine of Rs 591 crore on Coal India for allegedly having discriminatory conditions in fuel supply pacts. Apart from directing the company to cease and desist from anti-competitive practices, the watchdog has ordered modification in the agreements.
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CIL may miss output target by 20 MT this fiscal
Coal India is likely to miss its production target by 20 million tonnes (MT) and may end up producing up to 578 MT this fiscal due to a host of issues, including evacuation and demand-supply, a top official has said.
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Coal India approves interim dividend of Rs 18.75 per share
Coal India has said that its Board has approved an interim dividend of Rs 18.75 per share for the 2016-17 financial year. The government is likely to get around Rs 9,200 crore from the total interim dividend payout.
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Coal India production grows 6.5percent in February
Coal India registered a healthy 6.5 per cent growth in coal production to clock 54.30 million tonnes (MT) in February this year compared to 50.98 MT achieved in the corresponding period last year.
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Northern Coalfields ratifies buyback
Coal India has said that the Board of its subsidiary Northern Coalfields has approved a share buyback plan worth Rs 1,244 crore.