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Govt receives Rs 2,638 crore from CIL share buyback

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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Goyal lays stress on coal sector achieving cost effectiveness

Goyal lays stress on coal sector achieving cost effectiveness

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, presided over the inaugural session of the day-long Workshop on ‘Quality of Coal’ as Chief Guest in New Delhi. The workshop included brainstorming and technical sessions among the stakeholders of the coal and power sectors to bring in greater efficiency and self-sufficiency in the two sectors in India.