Cil

The record numbers indicate renewed confidence in the coal sector as the Indian government seeks to ensure energy security for the country through thermal power till the time firm renewable energy becomes affordable.

NTPC begins getting coal delivered directly at plants, private miners get bigger play

NTPC’s new fuel sourcing strategy is a shift to a more market-driven approach and could be emulated by state and private companies to mitigate risks of supply chain disruptions

Coal India subsidiaries BCCL, CMPDI's IPOs likely in FY26

Coal secretary Vikram Dev Dutt has said the government is hopeful of the listings in the new fiscal and the work is on schedule

Coal India: Quarterly show sequentially strong, but weak year on year

Poised for substantial growth, given the country’s power demand; valuation undemanding

MC Exclusive: Lara to be India's biggest thermal power plant as NTPC plans expansion

NTPC plans to expand Lara project’s capacity by another 1,600 MW, taking the total to 4,800 MW, making it the biggest thermal plant in India

Yearender 2024: India’s coal dependence for its energy needs is here to stay

India continues to rely on coal fired power to meet its energy demand because renewable power is mired with intermittency in the absence of energy storage facilities

Coal India Q1 net profit rises 4%: Here are 10 key points

Coal India’s revenue from operations rose 1.3 percent to Rs 36,465 crore in Q1FY25 as against Rs 35,983 crore in the year-ago period.

Coal India says demand will continue to be robust

Coal India has set a target to produce 838 million tons (MT) of coal in the financial year 2024-25, of which 661 MT will be supplied to the power sector alone

Coal India Q4 results: Sales volume grows 10% in FY24 to 773.64 MT

India is stepping up coal-fired generation capacity as peak electricity demand is likely to touch 256.5 GW in 2024 from a record 243 GW in 2023. Government officials expect electricity demand to surge to a high of 384 GW in 2031-2032.

Coal India Q4 results: Here are the key highlights

Coal India Limited (CIL) has set a target to produce 838 million tons (MT) of coal in the financial year 2024-25, of which 661 MT will be supplied to the power sector alone, the state-owned company's chairman and managing director (CMD) PM Prasad had said in February.

Coal India Q4 net profit rises 26% to Rs 8,640.5 crore, firm declares Rs 5 dividend

There was rise in CIL's bottom line in Q4 despite its revenue from operations falling nearly 2 percent to Rs 37,410.4 crore

Coal India records 10% increase in FY24 production at 773.6 MTs

This is significant because India, for the first time, recorded 1 billion ton (1,039 MT) of coal and lignite production in FY24, of which CIL alone produced 77 percent

CIL's coal gasification projects in EPC contract model for better viability: Official

Coal India has announced the setting up of coal gasification plants to achieve the target of gasification of 100 MT of coal by 2030.

Coal India aims to produce 838 MT for FY25; Power sector to get at least 79% of it

For the current financial year (2023-24), Prasad said Coal India may miss the production target of 780 MT (FY24) by about 10 MT. Besides. of the 780 MT, Coal India is supplying more than the targeted 610 MT to the power sector in FY24.

Coal India Q3 Results: Profit soars 18% YoY to Rs 9,094 crore

Revenue from operations increased 2.8% to Rs 36,153.97 crore from Rs 35,169.33 crore in the quarter under review. The state-owned company also declared its second interim dividend for financial year 2023-24 at Rs 5.25 per share.

Govt aims 186.63 MT coal production through commercial mines in FY25

Coal India Limited, a PSU under the Ministry of Coal, on January 8 stated that it plans to intensify coal production through mining developers-cum-operators (MDOs)

MC Explains: The why and how of India’s 100 MT underground coal mining target by 2030

While the aim is to have a very large chunk of energy derived from renewable sources, thermal power will not ride off into the sunset anytime soon. To meet the increasing demand for electricity, the government plans to substantially raise the amount of coal produced via underground mining.

CIL's coal output rises 11.5% to 460 million tonnes during April-November

"With 11.5 per cent year-on-year growth CIL stayed ahead of the annual asking rate of 10.2 per cent. The production saw an upsurge of 47.4 MT in quantum terms compared to 412.5 MT of same period last year," the PSU said.

World Coal Association transforms into FutureCoal: A global alliance for sustainable coal

India's biggest coal miner, Coal India Limited (CIL) is also a member of the FutureCoal alliance.

Coal ministry to develop pumped storage projects in de-coaled mines

Coal India Limited (CIL) informed that more than 20 abandoned mines have been identified for evaluation and feasibility study for pumped storage projects.

India's shift to green power may cost 73,800 jobs at Coal India by 2050: GEM report

If plans were implemented to phase down coal to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), only 250,000 miners - less than 10 percent of the current workforce - would be required worldwide, the GEM report stated.

Coal India down 2% as stock trades ex-dividend

Coal India had fixed August 18, 2023, as the record date for final dividend of Rs 4.

Diversification: CIL and its subsidiaries to use de-coaled land to build new thermal power plants

Given the country’s growing shift to renewable energy, the coal ministry has decided to foray into thermal power plants, and not just mine coal.

CIL’s capex grows 8.5% to Rs 4,700 crore in April-July of FY24

Land was the major expenditure head at Rs 1,311 crore, accounting for 28 percent of the total capex spend in the April-July period.

Coal India Q1 results: Net profit declines 10% to Rs 7,941 crore, beats estimate

CIL's total expenses in the first quarter increased 11.5 percent to Rs 26,745.68 crore from Rs 23,985.31 crore in the corresponding quarter of the previous fiscal.