Page 11 - Coal India

Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%

CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent

Centre revokes mandatory coal import target after many flip-flops

NTPC and Coal India had awarded import contracts to Adani

How CIL is chasing the monsoon to reduce coal supply disruptions

After long power outages owing to coal shortages over two years, the government and its principal producer have drawn up an integrated plan to preclude the annual seasonal supply dislocations

Concluding wage revision pact with coal workers highest priority: CIL chief

The latest wage revision which would benefit around 2.39 lakh non-executive manpower of coal India has been due since July 1, 2021.

Green clearance given to 83 projects of Coal India in last two years: Govt

To ensure adequate supply of coal to various sectors, including power, the government has set a target of 1 billion tonnes coal production for Coal India Ltd (CIL)

NMDC to be excluded from Nifty CPSE index over move to hive off steel arm

NMDC shares drop 5.3%; ONGC, Coal India and Bharat Electronics likely to see inflows of $31-46 million on account of the rebalancing

Tussle over $5 billion in wages is new risk to India's coal supply

Workers are seeking a 47 per cent increase in wages - having earlier demanded a 50 per cent hike - while Coal India has offered a 3 per cent raise

Adani Enterprises lowest bidder in Coal India's import tender: Report

A total of 11 importers and some overseas traders had shown interest in the tender during the pre-bid meeting

Coal India registers record 160 MT output in April-June this fiscal

It had produced 124 MT coal in the year-ago period, Coal India Limited (CIL) said in a statement

Coal India, the producer with no experience in importing supplies

The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies

Adjustment Day: Fine 'rebalancing' act for Nifty indices on Wednesday

The quarterly recapping of Nifty indices takes into account the changes in free-float market capitalisation (m-cap) of companies and realigns their weighting

Will not spare any effort in pushing up coal output: Coal India Chairman

Coal India braced up to meet its part of committed coal supplies to power sector, says Chairman Pramod Agrawal

North Eastern Coalfields seeks clearances to operationalise 2 Assam mines

Coal India unit North Eastern Coalfields is in the process of seeking clearances for putting into operation two of its mines in Assam in the current financial year

Coal shortage hurting non-power sectors still year after supply shift

In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent

HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge

CLOSING BELL: This was the first gain for benchmark indices in seven days

Stocks to watch: M&M, IDBI Bank, Dhanlaxmi Bank, Adani Green, RBL Bank

Stocks to watch today: Dhanlaxmi bank saw no outcome or resolution in their EGM meeting; Media stocks are expected to hog limelight ahead of day 2 of IPL's media rights auction.

CIL issues import tender for 2.4MT of coal, identifies 26 beneficiaries

The imported coal would be supplied to state government-owned gencos and independent power producers (IPPs), 1.2 mt each

Top headlines: CIL issues import tender; Presidential election on July 18

Business Standard brings you the top headlines on Thursday

Coal India plans green mining options through new technologies: Chairman

The comments come at a time when there have been concerns about global climate change on account of the burning of fossil fuels including coal, resulting into greenhouse gas emission.

Great Eastern Energy to invest $2 billion in shale gas exploration

Great Eastern Energy Corporation Ltd, a pioneer in the field of coal bed methane in India, plans to invest about USD 2 billion (Rs 15,000 crore) in exploration of shale gas at its Raniganj South block in West Bengal, its MD & CEO Prashant Modi said. "We want to recreate in shale what we did for CBM," he said. "We pioneered exploration, production, and development of CBM in India." CBM (Coal Bed Methane) is gas trapped below coal seams. GEECL signed the first CBM contract in India for the Raniganj South block on May 31, 2001. "We were the first to commercialise CBM in July 2007," he said. Prior to this, the firm's CBM block was under an agreement with Coal India Ltd. since 1993. At that time, CBM was practically not present in Asia and was still at a nascent stage worldwide. "We have a huge potential of shale resource of up to 6.63 trillion cubic feet (TCF) in our block," he said. "We are awaiting the amendment to our petroleum mining lease for shale exploration from the West ...