Coal India’s (CIL) board of directors has approved a proposal for the mining firm to acquire stakes in unlisted overseas firms, provided the “offers were valid”.
The decision was taken in a meeting of the company board ...
Coal India (CIL) said it has lowered its production target for the ongoing financial year to at least 440 million tonnes from the estimate of 452 million tonnes in its annual plan. “We have kept (production ...
The government has said it will seek Indonesia’s cooperation for the accord of “special status” to Indian companies in the grant of coal blocks, a move aimed at bridging the widening demand-supply gap for the dry ...
A Coal Ministry panel is expected to meet to review the decision to cancel mining licences for coal blocks allocated to various firms, including NTPC. “The committee, chaired by Additional Secretary, Coal Ministry, is likely to ...
Coal India (CIL) has said the government had given two-month extension to its acting Chairman and Managing Director NC Jha. Jha, director (technical), with CIL was given the additional charge of CMD after its former chief ...
NTPC Ltd., India’s biggest power producer, is seeking fresh bids for 4 million metric tons of coal from overseas after scrapping a previous tender. The utility has taken steps to promote competition this time after a ...
Excessive rains and strike by CIL’s workers union has led to shortfall in coal production by 17.95 million tonne in the last two months. Against the target of 87.68 million tonne, the coal production was 69.73 ...
Ministries of coal and power are regularly reviewing the coal supply to power projects on priority, Parliament was informed. “Several meetings have been held under the Chairmanship of the Cabinet Secretary to discuss issues of supplying ...
GVK Power & Infrastructure plans to steer clear of future acquisitions in Australia, at least for now, after paying $1.26 billion for a majority stake in three Australian coal mines and a port and rail project ...
Karnataka Power Corp, the utility which supplies power to Bangalore, is seeking to buy 5 million metric tons of imported power plant coal annually for 10 years in its biggest ever coal tender.
The contract may be ...
