Coal India (CIL) is gearing up for around Rs 42,000-crore investment in the next few years.
Tag: Coal India
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Coal shortage to hit power addition plan
Shortage of coal is expected to impact the country's new capacity addition plans to the tune of 15,000 MW in the current fiscal.
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Infrastructure players need to attain scalability to be accepted by the capital market investor
As one of India's larger infrastructure funds, the company has believed in investing in the high-growth sectors.
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Mining: Go mega for energy security and better infra
A shortfall in coal supply can badly affect the power production of the country as over 70 per cent of total power produced in India is from coal-based projects.
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CIL to invest Rs 300 bn
Coal India (CIL) plans to invest about Rs 30,000 crore to augment its capacity over the next five years and the funds will be spent on new mining projects, washeries, machinery and equipment.
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Coal block bidding
The government expects to introduce competitive bidding for auctioning coal blocks by the end of the financial year.
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CIL preferred over coal block bidding
The government will consider competitive bidding for coal blocks, but only after allocating blocks to state-run Coal India and state governments.
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CIL to buy up Indonesian co
Coal India is in advanced talks to buy up to 40 per cent stake in Indonesia's Golden Energy Mines in a deal valued at between $750 million and $1 billion.
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Import only on price, quality: Min
Imports have not exactly been a roaring success, and the coal ministry is not entirely in favour of Coal India importing coal from abrÂoad.
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Fuel scarcity hits investor interest
The investor interest in the power sector is diminishing as lenders are starting to apply the brakes on funding of new private generation projects.