Coal India

Calcutta: Coal India would have to step up its production to over 3 million tonnes (mt) per day in March to reach its annual production target of 600 mt for the fiscal, a steep hike from the target of 2 mt a day that coal and railways minister Piyush Goyal had stated in a written reply to the Rajya Sabha in ...

Following the announcement, there has been a triumphalist narrative of the government finally liberating the industry from the clutches of the state-owned Coal India Limited. While this may be true symbolically, with Coal India now facing direct competition in coal sales, it is unlikely that private coal ...

Coal India production edged up to 54.46 million tonnes in February 2018 compared to the same month last year but missed the target of 61.43 million tonnes. Coal offtake also improved by 4 per cent to 49.97 million tonnes (MT) in the month under review but lagged the targeted volume of 52.14 MT, ...

The recent Cabinet decision to open up coal mining to commercial miners, who will now have the freedom to sell coal in the open market, is an interesting development. For decades since its nationalisation, the public sector Coal India Limited (CIL) has dominated coal production in India, producing some ...

A new report published by Coal India, the country's state-owned producer of the majority of its coal, has concluded that demand for coal in India will “decrease substantially” due to renewable energy, and that “it is a matter of time” until clean energies will “displace coal.” Coal India is the state-owned coal ...

Coal India, the state-owned monolith that produces almost all of the country's coal, sees a slowdown coming, according to an internal prognosis. That's despite government efforts this week to open up India's coal mining sector to competition. Entitled Coal Vision 2030, the report – which has been circulated ...

“A Coal India workman receives an average salary of Rs 40,000 per month, while their counterparts in the private sector, who work under contractors, receive between Rs 10,000 and Rs 12,000 as salary per month. Coal India pays adequate attention to the safety of workers and offers their wards free ...

NEW DELHI: Metal and mining stocks Jindal Stainless (Hisar) (down 2.05 per cent), APL Apollo Tubes (down 1.91 per cent), Coal India (down 1.34 per cent) and Steel Authority of India (SAIL) (down 1.27 per cent) were in the negative zone during afternoon trade on Tuesday, keeping the Nifty Metal index ...