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mahanadi coalfields
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19 Results Found
  • RattanIndia seeks Rs 500 cr from lenders to restart Nashik plant Feb 23, 2020 03:59 PM IST

    RattanIndia seeks Rs 500 cr from lenders to restart Nashik plant

    The company is looking at resuming operations as it has received an LoI (letter of intent) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for a 25-year power purchase agreement to supply 507 megawatts.

  • MCL elevates 875 miners, including 715 from underground mines Dec 21, 2017 01:31 PM IST

    MCL elevates 875 miners, including 715 from underground mines

    Out of these 875 workers, 715 have been selected from underground mines in Talcher Coalfields for redeployment in opencast mines as trainees in various skilled functions, the company said in a release.

  • Coal India up 2% as June production rises 10%; Nomura bullish Jul 04, 2016 03:19 PM IST

    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 arm CCL to buyback shares worth Rs 1,128 cr Jun 17, 2016 09:44 PM IST

    Coal India arm CCL to buyback shares worth Rs 1,128 cr

    Coal India on June 17 said its subsidiary CCL will buy back shares worth Rs 1,128 crore, a move which can help the parent add to the government's divestment programme

  • Coal India up 1% on subsidiaries share buyback; analysts mixed Jun 13, 2016 11:52 AM IST

    Coal India up 1% on subsidiaries share buyback; analysts mixed

    Nomura agrees that rising proportion of lower grade coal to keep realisation under pressure, earnings dent from wage revision may not be as high as investors fear. It has a buy rating with a target price of Rs 345 per share. Nomura also thinks that a share buyback seems imminent but quantum will likely lower the dividend payout in FY17.

  • Coal India arms to buyback shares worth Rs 1,978 crore Jun 13, 2016 07:44 AM IST

    Coal India arms to buyback shares worth Rs 1,978 crore

    The board of directors of Mahanadi Coalfields Limited on June 11 "has considered and approved the buyback of 4,43,973 fully paid equity shares of face value of Rs 1,000 each from the members of the company on a proportionate basis through tender offer," CIL said in a regulatory filing.

  • Coal India unit declares interim dividend of Rs 2,758 cr Feb 05, 2016 03:34 PM IST

    Coal India unit declares interim dividend of Rs 2,758 cr

    The company said its another arm Central Coalfields Ltd has declared an Interim dividend amounting to Rs 1,457 crore for the 9-month period ended December.

  • Manmohan Singh moves SC against summons in Coalgate Mar 25, 2015 04:00 PM IST

    Manmohan Singh moves SC against summons in Coalgate

    Singh could have challenged against the order of CBI trial court in the High Court, but he decided to appeal to the apex body directly.

  • Coal India board ratifies Rs 11,000-cr thermal power foray Nov 09, 2014 03:03 PM IST

    Coal India board ratifies Rs 11,000-cr thermal power foray

    The management, without any independent directors on the board, yesterday cleared the project. It also cleared five other mining projects which would generate an additional 30 million tonnes of coal.

  • No ind director in CIL,MCL power project nod may be delayed Sep 15, 2014 07:29 PM IST

    No ind director in CIL,MCL power project nod may be delayed

    "The board may take up the matter in the next meeting on September 17. Once it is cleared, it would reach the Coal India board for approval," MCL Chairman and Managing Director AN Sahay had said.

  • Lanco Infratech spikes 4%, may sell Odisha power plant Sep 02, 2014 03:07 PM IST

    Lanco Infratech spikes 4%, may sell Odisha power plant

    The debt-ridden infrastructure company is in talks to sell its Babandh power plant in Odisha, reports CNBC-TV18 quoting unnamed sources.

  • Lanco Infra in talks to sell Rs 3500cr worth Babandh plant Sep 02, 2014 01:05 PM IST

    Lanco Infra in talks to sell Rs 3500cr worth Babandh plant

    The company is eyeing a valuation of Rs 3500 crore for the power plant that has a total capacity of 1320 MW. The plant that sources its fuel from Mahanadi Coalfields Ltd & Captive Coal Mine at Rampia has all major clearances in place.

  • CCI slaps Rs 1773cr penalty on Coal India Dec 10, 2013 06:02 PM IST

    CCI slaps Rs 1773cr penalty on Coal India

    Competition Commission of India (CCI) has found Coal India is operating independently of market forces and enjoys an undisputed dominance the market for production and supply of non-coking coal in the country.

  • See FY14 output at 3.5 lakh tonne: Nalco Sep 11, 2013 12:28 PM IST

    See FY14 output at 3.5 lakh tonne: Nalco

    According to Ansuman Das, the company will continue to keep its production at the current levels and have no plans for any further production cut. Nalco got its coal supply secured till 2018 by Coal India and is confident of giving aluminium output of around 350,000 tonnes for FY14.

  • Govt may list Coal India subsidiaries Sep 28, 2012 12:09 PM IST

    Govt may list Coal India subsidiaries

    The government is planning to list Coal India's subsidiaries South-eastern Coalfields (SECL) and Mahanadi Coalfields (MCL), reports CNBC-TV18 quoting government sources.

  • CIL allows power utilities to lift coal directly from mines Jun 13, 2012 11:04 PM IST

    CIL allows power utilities to lift coal directly from mines

    Coal India has introduced a one-time offer that allows power utilities to lift the fuel directly from mines. The scheme is available for independent power producers drawing coal under fuel supply agreements (FSAs) as well.

  • CCI orders probe against Coal India Mar 12, 2012 06:58 PM IST

    CCI orders probe against Coal India

    Competition watchdog CCI has ordered a probe into allegations that coal giant Coal India is imposing unfair conditions for the supply of coal to Maharashtra State Power Generation Company.

  • NALCO losing Rs 1 cr/day due to coal shortage Sep 26, 2011 08:33 PM IST

    NALCO losing Rs 1 cr/day due to coal shortage

    State-run aluminium producer NALCO is facing a production loss of about Rs 1 crore per day due to coal shortage, a company official said today.

  • Fuming CIL wants e-auction to stay, says has SC approval May 19, 2011 11:59 AM IST

    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.

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