Page 12 - Coal India
Govt asks Coal India to be ready to import 12 million tonnes of coal
According to industry experts, the government is making all efforts to build up stock of coal to avoid the reoccurrence of power outrages which happened in April
 "Govt asks Coal India to be ready to import 12 million tonnes of coal")
Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip
CLOSING BELL: The Nifty IT index was the only gainer, up 0.45 per cent
 "Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip")
Stocks to Watch: UltraTech Cement, Castrol, CIL, Aether Ind, Deepak Nitrite
Stocks to Watch: Aether Industries will be in focus as the speciality chemical maker is set to make its debut on the bourses today. The issue price has been fixed at Rs 642 per share.
 "Stocks to Watch: UltraTech Cement, Castrol, CIL, Aether Ind, Deepak Nitrite")
Why does India face a recurring power shortage despite enough coal stock?
India has been witnessing a mismatch between demand and supply of coal. With increasing power demand, there can be more shortage in September quarter. Why is coal not reaching power plants?
Why does India face a recurring power shortage despite enough coal stock?
India has been witnessing a mismatch between demand and supply of coal. With increasing power demand, there can be more shortage in September quarter. Why is coal not reaching power plants?
 "Why does India face a recurring power shortage despite enough coal stock?")
Power sector crisis could become a drag on India's economic growth
Power shortage is the last thing Indian businesses, recovering from the pandemic-induced disruption, need
 "Power sector crisis could become a drag on India's economic growth")
Policy flip-flop over coal import puts state, private gencos in a spot
CIL to import coal for states; working capital pressure worries IPPs
 "Policy flip-flop over coal import puts state, private gencos in a spot")
Coal India to import for first time in years as power shortages loom
India is expected to face a wider coal shortage during the third quarter of 2022 due to expectations of higher electricity demand, stoking fears of widespread power outages
 "Coal India to import for first time in years as power shortages loom")
F&O expiry: Sensex up 503 pts to end atop 54K; Nifty drops 6% in May series
CLOSING BELL: The S&P BSE Sensex traded in a broad range of 921 points on Thursday as it hit a high and low of 54,346 and 53,425, respectively
 "F&O expiry: Sensex up 503 pts to end atop 54K; Nifty drops 6% in May series")
Stocks to Watch: Coal India, BPCL, Infosys, Fortis, NALCO, IndiGo, PFC
Stocks to Watch: At 7:30 am, the SGX Nifty futures were quoting around 100 pts up at 16,100 levels. That said, the markets may exhibit volatility today on account of the monthly F&O expiry.
 "Stocks to Watch: Coal India, BPCL, Infosys, Fortis, NALCO, IndiGo, PFC")
Coal India Q4 net jumps 46% to Rs 6,693 cr, firm declares Rs 3 dividend
The company's consolidated revenue from operations rose 22% to Rs 32,707 cr in Q4FY22
 "Coal India Q4 net jumps 46% to Rs 6,693 cr, firm declares Rs 3 dividend")
Sensex falls for 3rd day, dips 303 pts; Asian Paints sinks 8%; IT index 3%
CLOSING BELL: The broader markets, meanwhile, bled more with the BSE SmallCap index sliding nearly 3 per cent, and the BSE MidCap index falling close to 2 per cent
 "Sensex falls for 3rd day, dips 303 pts; Asian Paints sinks 8%; IT index 3%")
Coal India targets 12% production growth in FY23 amid power crunch
Until May, so far, CIL production is at 26.35 mt, 34.44 per cent more than the production during the same period last year
 "Coal India targets 12% production growth in FY23 amid power crunch")
Coal India to open big, new mine this year to meet surging power demand
Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching capacity of 50 million tonnes in about 5 to 7 years, Vinayak Jamwal, Mahanadi Coalfields spokesman said
Discoms' dues to gencos touch Rs 1.19 trillion amidst coal-power crisis
The Union Ministry of Power recently asked six states to clear their dues to power generating stations and national miner Coal India (CIL).
 "Discoms' dues to gencos touch Rs 1.19 trillion amidst coal-power crisis")
Top Headlines: Metro AG eyes India exit; CIL's slow growth, and more
Business Standard brings you the top headlines at this hour
 "Top Headlines: Metro AG eyes India exit; CIL's slow growth, and more")
Power crisis: Govt asks regulator to allow utilities to import 30% of coal
India had asked utilities to import 10% of its total requirement to blend with local coal as demand was outstripping supply
 "Power crisis: Govt asks regulator to allow utilities to import 30% of coal")
Railways-coal sector rift continues amid ongoing power crisis in India
Daily shortage of 25 rakes from May 1-7, says an insider; Railways refutes charge
 "Railways-coal sector rift continues amid ongoing power crisis in India")
CPSE ETF: Book profits slowly and don't try to maximise gains, say experts
New investors are better off picking diversified offerings
 "CPSE ETF: Book profits slowly and don't try to maximise gains, say experts")
Railways missed CIL train provision targets for over a year: Govt data
Inventories at Indian power plants fell 13% in April despite a 27.6% growth in Coal India's production, as a heatwave sent power demand soaring to a record high.
