Central Coalfields

State-owned Coal India arm Central Coalfields Ltd today announced an increase in price of coking coal, which may help the PSU earn an additional revenue of nearly Rs 89.98 crore for the remainder of 2016-17 and Rs 222 crore for the next fiscal.

Coal price hike by BCCL, CCL to impact power, steel cos: CCAI

The Coal Consumers' Association of India (CCAI) today said hike in coal prices by Bharat Coking Coal will impact power consumers as energy cost will firm up by 20-40 paise per unit while the increase in coking coal and washery grade prices by Central Coalfields will affect the sluggish steel sector.

Coal India to hold e-auction for power plants this month

The first phase of the auction was held by the PSU in April while the second phase was held in May.

Coal India up 2% as June production rises 10%; Nomura bullish

The robust production growth in June 2016 was led by Mahanadi Coalfields ( up 22 percent) and double-digit growth at Eastern Coalfields (ECL), Central Coalfields (CCL) and Northern Coalfields (NCL).

Coal India's Jharkhand arm posts record production of 61 MT

Coal India's Jharkhand arm, Central Coalfields' CMD, Gopal Singh told PTI, the growth in output was about 10.25 percent and efforts are on to maintain double digit growth in future.

Eastern arms contribute greatly in CIL 12% output growth

Coal India's Jharkhand-based arm, Central Coalfields, has topped among eight subsidiaries by surpassing output target with production of 12.59 million tonnes in the first three months of the current fiscal.

ECL tops production, offtake among Coal India subsidiaries

According to provisional data released by Coal India, Eastern Coalfields (ECL) has achieved a production of 40 million tonnes (MT) or 105 percent of the target of 38 MT set for the fiscal 2015, registering a growth of 11 percent over the previous year.

CCL lost Rs 74cr by not revising beneficiation charges: CAG

Government auditor CAG has pulled up Central Coalfields Ltd (CCL), a unit of Coal India, for not revising the beneficiation charges, resulting in revenue loss of Rs 73.6 crore.

Fuming CIL wants e-auction to stay, says has SC approval

Coal India is fuming at the Planning Commission's move of curbing down the amount of coal offered for its e-auctioning. In an interview to CNBC-TV18, NC Jha, Chairman of the company said that e-auctions of coal should continue and also has approval of the Supreme Court.