Coal India (CIL) has reported a 22 per cent decline in consolidated net profit at Rs 2,884.4 crore for the third quarter ended December 31. Net profit came in at Rs 3,718 crore in the same quarter of the previous financial year.
The Coal Ministry will soon seek Cabinet approval for the auction of coal linkages for the power sector.
Â“It is broadly finalised. We will take it to the Cabinet soon,Â” said Coal and Power Minister Piyush Goyal. Â“We will soon go for inter-ministerial consultations. The whole process has been finalised.Â”
Of all mining equipment globally, surface mining equipment enjoyed the highest market share, around 31 per cent, in 2015. Mineral processing equipment, underground mining equipment, mining drills and breakers, crushing, pulverising and screening equipment, and other mining equipment lagged behind.