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Tag: Cil

Odisha
CIL Gives Odisha Rs 50.32 Cr For Power Infra Restoration

Bhubaneswar: The Coal India Ltd (CIL) on Friday handed over a cheque of Rs 50.32 crore to the Odisha government for building electricity infrastructure in the cyclone Fani-affected areas in the state. The financial support was paid to the Odisha State Disaster Management Authority. The cheque was presented to Chief Minister Naveen Patnaik by Coal […]

power-plant
MCL plans joint venture with NTPC for 1,600MW pithead plant

  Kolkata: Coal India subsidiary Mahanadi Coalfields Ltd (MCL) is planning to form a joint venture with power producer NTPC Ltd to develop the 1,600-MW pithead plant in Odisha’s Sundergarh district, a top CIL official said on Monday. MCL has proposed to form a partnership with NTPC to run the plant, and is open to […]

Coal-India
Coal India hike prices

Kolkata: The Coal India board on Tuesday approved non-coking coal price hike for both power and non-power consumers. The price increase is expected to push the miner’s revenue up by Rs 1,956 crore for the remaining period of the current fiscal. The price revision is effective from Tuesday and the projected incremental annual revenue would […]

CIL's coal production grows 13% in October so far

Kolkata: Coal India Ltd (CIL) on Friday said its production grew by 13 per cent in October so far and the growth in coal dispatch to power sector was around 22 per cent till Thursday. “Union Coal Minister (Piyush Goyal) complimented the employees of CIL for their diligence and perseverance for achieving 10.1 per cent […]

Coal India to incur Rs 8,500 cr capital expenditure in 2017-18

Kolkata: Coal India Ltd (CIL), which produces 84 per cent of the country’s total output of the mineral, has planned to invest Rs 8,500 crore as capital expenditure in 2017-18, its latest annual report said. “The capital expenditure for the year 2017-18 has been set at (Rs) 8,500 crore,” the miner said in its annual […]

CIL chairman Sutirtha Bhattacharya
MCL has the capacity to achieve big targets, says CIL chief

Bhubaneswar: Coal India Limited (CIL) chairman Sutirtha Bhattacharya said time has come for the state-run unit to explore feasible diversification plans to enter into the renewable energy sector to become more competitive in the market. “We have to be more competitive in the energy market while opportunities of diversification have to be explored, said Bhattacharya […]

Coal India to invest in Odisha power project

Coal India Ltd (CIL) Tuesday said it is setting up two thermal power plants of 800 MW each at Sundergarh in Odisha through its subsidiary Mahanadi Coalfields Ltd (MCL), investing Rs.11,363.18 crore for the project

coal scam
Coal India to sell up to 10 percent equity stake

The central government today said it would sell up to 10 percent equity stake in state-owned Coal India Ltd. (CIL) numbering a maximum of 631,636,440 shares through the offer for sale (OFS) route. The sale will begin on Jan 30

coal scam
CIL to reduce selling coal through e-auctions by almost half

Amid acute shortage of coal for power sector, Coal India has accepted the government's request for drastically reducing its e-auctions to almost half

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