Coal India Ltd (CIL) has said it was open to utilisation of up to a fourth of its cash reserves, about Rs 15,000 crore, for purposes other than capital expenditure if asked by the government, its ...
Mining major Coal India (CIL) has said it had appointed the Power Finance Corporation (PFC) to select a suitable partner and operator for its proposed 1,600-MW power project in Orissa. “We have appointed PFC to identify ...
State-owned Coal India Ltd will restructure coal prices as it plans to switch over to the pricing based on the Gross Calorific Value (GCV) method from January. As of now it follows fixed pricing for seven ...
PSUWith the disinvestment programme of the government virtually coming to a halt, coal PSUs may pick up stakes in other public sector units to help the government meet its target of Rs 40,000 crore, a top ...
To meet its rising fuel demand, country’s largest power producer NTPC plans to seek bids in next two to three months for long-term supply of imported coal of up to 20 million tonne per annum.
“We will ...
The Coal Ministry has assured uninterrupted supply of coal to power plants hit by shortfalls in supply of the fuel, but while quantities will be earmarked for the generation companies, they will have to secure their ...
India looks set to keep searching for overseas coal. Though the country has the world’s fourth largest reserves, environmental restrictions mean production is struggling to keep up with demand from coal-hungry power stations. That explains why ...
Mining company Coal India Ltd (CIL) has got the Finance Ministry’s nod for acquiring stake in overseas unlisted firms. “We have received Union Finance Ministry’s clarifications sought for overseas acquisitions. The ministry permitted (us) to go ...
Amid a severe disruption of electricity supply in different parts of the country due to an acute coal shortage, the government today said it has advised coal companies to ensure priority movement of the dry fuel ...
State-run NTPC’s power projects in West Bengal, Bihar and Orissa are the worst-affected in the eastern region due to the ongoing coal supply crisis as actual generation at these plants is much lower than targeted.
“Problem in ...
