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Coal add'l secy Suresh Kumar likely to be acting chairman of Coal India

20-04-2018| Source:PTI

Senior bureaucrat Suresh Kumar is likely to be the new acting chairman and managing director of the world's largest coal miner CIL.

NTPC latches on to govt idea to sell renewable power at tariff of coal-based PPAs


purchase agreements for coal-based plants, according to a top official of the company. This would allow it to reap the benefit of cheaper renewable power while also reducing its carbon footprint. The company

CIL operations unaffected by protest call by CITU: Govt

17-04-2018| Source:PTI

Four central trade unions of CIL had served notice to go on a one-day strike on April 16, protesting against the commercial coal mining.

Coal India Q4 PAT seen up 18.3% YoY to Rs. 3,214.2 cr: ICICI Direct


ICICI Direct has come out with its fourth quarter (Jan-March 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Coal India to report net profit at Rs. 3

Govt to auction 19 coal mines this quarter: Coal Secretary

15-04-2018| Source:PTI

In order to attract more bidders , the coal ministry is also looking at providing certain relaxations.

Cement industry may post flat 5% growth in FY19: Report

09-04-2018| Source:PTI

The profitability margins and debt metrics of the cement companies may also come under pressure in the coming quarters on higher petcoke, coal and diesel prices, rating agency Icra said in its report.

Buy Coal India; target of Rs 350: JM Financial


JM Financial is bullish on Coal India has recommended buy rating on the stock with a target price of Rs 350 in its research report dated April 02, 2018.

Coal India awaits CCEA clearance to start extraction of CBM

08-04-2018| Source:PTI

The Cabinet may soon take a call on whether a fresh lease is required by state-owned Coal India for extracting coal bed methane (CBM) which remains untapped in want of clarity, a top official today

Coal shortage at power plants may push up spot prices in summer

08-04-2018| Source:PTI

Coal shortage is still affecting the efficacy or capacity utilisation (Plant Load Factor) of independent power projects in the country, which may lead to a spike in spot prices of electricity

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