coal india


11 mines allotted to Coal India to add 225 MT in annual output

Mar 21 2018

Allocation of 11 mines to Coal India (CIL) arms - ECL, WCL and BCCL - will enhance its annual output by 225 million tonnes (MT), Parliament was informed.

Power Minister call meeting of top brass, industry to sort issues

Mar 15 2018

R K Singh has called meeting of govt top brass and industry to sort out issues related to revised RBI norms for bad loan, coal shortage and stranded power projects.

Nifty ends flat, holds on 10,400-level despite volatility

Mar 13 2018

The broader NSE Nifty ended on a flat note after a volatile trade amid sluggish global cues ahead of US inflation data due today.

'Flexible use of coal by power plants led to saving of Rs 646 cr'

Mar 13 2018

The flexible use of domestic coal by power plants has resulted in savings of Rs 646 crore in the April-February period of the ongoing fiscal.

Centre to get around Rs 8,044 cr of dividend from Coal India

Mar 11 2018

The Centre is expected to get around Rs 8,044 cr on account of dividend from Coal India as the miner's board approved payment of interim dividend for the FY 2017-18.

Power plants face coal shortage, may affect energy supply

Feb 26 2018

Power sector seems to be facing coal shortage again as 46 coal-fired power plants reported stocks of less than a week, according to official data.

CIL board to consider payment of interim dividend for FY'18

Feb 26 2018

State-owned CIL said that its board will meet next week to consider payment of interim dividend for the ongoing fiscal.

Indian stocks: NSE Nifty ends below 10,400; banks, metal drag

Feb 19 2018

NSE Nifty slid below the key 10,400-level at 10,378.40, declining 73.90 pts or, or 0.71%, it shuttled between 10,489.35 and 10,302.75.

Reliance Power achieves 100% fuel security for Butibori plant

Feb 12 2018

Reliance Power announced that it has achieved full fuel security for its 2 x 300 MW Butibori TPP in Maharashtra following directions given by the Delhi HC.

Delhi HC ask CIL to supply coal to RPower's Butibori Unit-I

Feb 12 2018

Reliance Power said state- run Coal India has been directed by the Delhi High Court to immediately commence coal supplies to the Unit-I of Butibori power project.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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