It will be a 1 x 660 MW plant at an estimated cost of Rs 5,600 crore, the Ministry said adding the project is in advanced stages of approval State-owned Coal India Ltd (CIL) is planing to set up two thermal plants with an investment totaling Rs 21,547 crore in Odisha and Madhya Pradesh, an […]
Coal India hikes non-coking prices by 8 pc; expects Rs 2,703 cr incremental revenue – EQ Mag
This will be applicable to all subsidiaries, including NEC, for regulated and non-regulated sectors, CIL said.The board of directors of the company approved the revision in the prices of non-coking coal with effect from 0000 hours of May 31, 2023, it said.Following this revision, CIL is expecting to earn incremental revenue of Rs 2,703 crore […]
Coal India to phase out import of mining equipment costing Rs 4,500 crore – EQ Mag
The government has also decided to utilise the non-functional and under-utilised government infrastructure facilities like the Mining and Allied Machinery Corporation (MAMC), Jessops under the ‘Make in India’ initiative. CHENNAI : In a boost to domestic manufacturing of earth-moving equipment used in mines, Coal India Ltd has decided to phase out imports over a period […]
Coal India readies 52 projects to reach 1 BT target by FY26 – EQ Mag
Coal India produced 703 million tonne of coal in FY23 and has a target of 780 MT in the current fiscal. State-run Coal India Ltd (CIL) has drawn up 52 coal mining projects, including 13 new coal blocks, to reach the one billion tonne coal production target by financial year 2025-26, a company official said. […]
Coal India expects to conclude wage agreement within a month – EQ Mag
State-owned Coal India Ltd (CIL) on Wednesday said it is expecting to conclude the wage agreement (NCWA-XI) within a month, which would benefit its 2.38 lakh strong non-executive workers Wages of the non-executive workers, which account for 94 per cent of Coal India’s workforce, are revised every five years. The hike is due from July […]
Coal India output rises 7.7% in April – EQ Mag
Coal India said it logged an impressive 31% growth YoY in overburden removal (OBR) in April Coal India (CIL) on May 2 informed the exchanges that its coal production has risen 7.7 percent in April 2023, adding that supplies to users shot up just as summer began. The world’s largest coal miner added that it […]
Coal India to start generating 400 MW solar power in current fiscal – EQ Mag
Coal India (CIL) is diversifying into power generation, with a plan which includes a mix of both thermal and solar segments. The mining company intends to generate close to 400 MW of solar power in the current financial year. It will include 15 MW and 55 MW plants in areas under its subsidiary, Western Coalfields […]
Coal India surpasses FY’23 green cover target – EQ Mag
In the last five years till March this year, 4,392 hectares of greening inside the mine lease area has created a carbon sink potential of 2.2 lakh tonne per year, the PSU said. Coal India, the world’s largest miner, which is scrambling to meet an optimistic coal production target of 700 million tonnes, has said […]
Coal India will continue to be a dominant player in the coal sector, despite competition: Chairman – EQ Mag Pro
Coal India Ltd (CIL) will continue to be a dominant player in the coal sector even as it faces competition from private players, said Chairman Pramod Agrawal New Delhi: Coal India Ltd (CIL) will continue to be a dominant player in the coal sector even as it faces competition from private players, said Chairman Pramod […]
Coal India to set up 1,190-MW solar power plant in Rajasthan – EQ Mag Pro
Jaipur : Coal India Ltd (CIL) will set up a 1,190-MW solar power plant in Bikaner district of Rajasthan. For this, CIL has signed a Memorandum of Understanding (MoU) of Rs 5,400 crore with the Rajasthan Vidyut Utpadan Nigam Ltd (RUVNL) in the presence of Union Coal Minister Pralhad Joshi and Rajasthan chief minister Ashok […]