In a significant reform push for the coal sector, the federal government goals to overtake the decades-old manufacturing and provide construction with better entry to industrial mines by means of a nationwide coal trade that may ultimately supply the dry gasoline on an on-demand foundation to consuming industries, significantly MSMEs. Business coal mining is small … Read more
In a significant reform push for the coal sector, the federal government goals to overtake the decades-old manufacturing and provide construction with larger entry to industrial mines by way of a nationwide coal alternate that may finally supply the dry gas on an on-demand foundation to consuming industries, notably MSMEs. Industrial coal mining is small … Read more
In a historic step, the federal government has mandated that Coal India (CIL) — which accounts for round 80 per cent of India’s manufacturing and despatch — will now need to pay a penalty if it fails to provide coal procured by consuming industries by e-auctions. Additionally learn: Coal India clears decks, permits provides past … Read more
State-run coal behemoth Coal India, which has launched into diversification into the non-coal sector, is excited about collaborating in additional auctions to safe its first lithium block. “Now we now have taken one mine in graphite. For lithium, we participated (in public sale), however we didn’t get it. So, we have an interest,” Coal India … Read more
State-run coal miner Coal India produced 61.8 million tonnes of coal within the month of April, a 7.3 per cent year-on-year rise in comparison with the identical interval final yr. The coal behemoth had produced 57.6 million tonnes of coal in April final yr. All its coal-producing subsidiaries reported larger outputs in April, 2024 in … Read more
As a result of constructive view on thethermal sector, we not too long ago gave an accumulate score on thermal energy main NTPC on account of significance of power safety. One other PSU beneficiary using the development is Coal India. Since our Accumulate name in bl.portfolio dated September 18, the inventory has gained round 45 … Read more
The outlook is bearish for Coal India. The share worth had tumbled over 9 per cent final week. There’s a head and shoulder bearish reversal sample seen on the chart. This means a high formation and a development reversal. The neckline resistance of this sample is round ₹420. Above that ₹428-430 is the subsequent sturdy … Read more
Propelled by demographic growth, speedy urbanisation, and rising industrial exercise, India’s electrical energy demand is poised for sustained progress within the close to future. Recognising the insufficiency of renewable power sources alone to fulfill this escalating demand, the federal government has outlined plans to determine round 93 GW of further thermal energy capability by 2032. … Read more
The Cupboard Committee on Financial Affairs (CCEA) on Thursday authorized the proposal for fairness funding by two Coal India (CIL) subsidiaries for establishing two pithead thermal energy vegetation (TPPs) of two,260 megawatts (MW). Additionally learn: How Indian coal energy vegetation are poisoning the air The whole fairness funding authorized by the CCEA for each the facility … Read more
State-run Coal India has begun the newest tranche of the linkage public sale to the non-regulated sector (NRS), extending the tenure of gasoline provide settlement (FSA) to 10 years from the sooner 5 years. Starting with the seventh tranche of the public sale, CIL has proactively elevated the tenure of FSA to make sure … Read more