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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CIL floats maiden tender to import 2.416 MT coal for power sector

CIL floats maiden tender to import 2.416 MT coal for power sector

State-owned CIL on June 9 said that it has floated its maiden tender to import 2.416 million tonnes of coal to ensure adequate supply of the fuel to power plants in the country. The development assumes significance in the wake of the government making all efforts to build up stock of coal to avoid the […]

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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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