Analysis | India cheers the return of ‘King Coal’ as industry sees buoyant future

Analysis | India cheers the return of ‘King Coal’ as industry sees buoyant future

India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports. “King coal is coming back and coming with a big bang,” Anil Kumar Jha, the chairman of Jindal Power Ltd., told the Coaltrans […]

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Coal India records 31% decline in fatalities in 2022 compared to previous year

Coal India records 31% decline in fatalities in 2022 compared to previous year

Image for representation purpose only. | Photo Credit: G.N. Rao Coal India Limited (CIL) recorded 20 fatalities in the year 2022, observing a decline 31% than the previous year. The number of fatalities recorded in the State-owned miner in the year 2021 was 29. “Demonstrating a downward trend, fatal accidents were also reduced by one-third […]

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With comfortable coal stocks, no power crisis this festive season, officials say

With comfortable coal stocks, no power crisis this festive season, officials say

The Coal Ministry is also coordinating with Railways for rakes for smooth supply of coal to the power sector The Coal Ministry is also coordinating with Railways for rakes for smooth supply of coal to the power sector India is unlikely to see a repeat of the 2021 energy crisis this festive season as coal-fired […]

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CIL has not raised prices in four years, Coal India chairman says at AGM

CIL has not raised prices in four years, Coal India chairman says at AGM

Coal India Ltd. on Tuesday said the miner has not raised prices of the dry fuel in the last four years to ensure its supply at competitive prices to consumers compared to the international market. While addressing shareholders at the company’s 48th AGM, chairman Pramod Agrawal said that the CIL is committed to increase its […]

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Coal India Q1 profit almost triples to ₹8,833 crore

Coal India Q1 profit almost triples to ₹8,833 crore

Shares of the company climbed 2.02% to ₹219.85 apiece on the BSE Coal India Ltd. on Wednesday reported an almost threefold rise in consolidated net profit to ₹8,832.86 crore for quarter ended June on the back of higher sales. The company had posted a net profit of ₹3,169.86 crore in the year-earlier period, Coal India […]

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Government asks Coal India to be ready to import 12mn tonnes of coal for power utilities

Government asks Coal India to be ready to import 12mn tonnes of coal for power utilities

According to industry experts, the government is making all efforts to build up stock of coal to avoid the reoccurrence of power outrages which happened in April on account of shortage of the fossil fuel. According to industry experts, the government is making all efforts to build up stock of coal to avoid the reoccurrence […]

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Power crisis | Indian Railways missed Coal India train provision targets for over a year

Power crisis | Indian Railways missed Coal India train provision targets for over a year

Coal, which accounts for more than half of Indian Railways’ freight revenue, makes up nearly 75% of India’s power generation Coal, which accounts for more than half of Indian Railways’ freight revenue, makes up nearly 75% of India’s power generation Indian Railways supply of trains to Coal India for transporting coal has fallen short of […]

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CIL’s coal supply to power sector rises 16% in April

CIL’s coal supply to power sector rises 16% in April

Coal India Ltd. (CIL) on Monday said coal supply to the power sector rose 15.6% to 49.7 million tonnes last month in the wake of high demand for the dry fuel from electricity generating plants. It stressed that it was planning to augment its dispatches further, especially to power plants in the coming months. The […]

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