Hyderabad: Singareni Collieries Company Limited (SCCL) has set a record for coal production in the financial year 2021-22, producing 650 lakh tonnes of coal, the highest since its inception. It also achieved a new record turnover of Rs.26,000 crore and registered significant growth on all fronts this financial year compared to last year. The SCCL, […]
New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — extended their losses from Monday and declined sharply in early trade on Tuesday due to continued selling by foreign institutional investors amid geo-strategic tensions between Ukraine and Russia, said analysts.” “The situation remains fluid; we don’t know whether the tensions will escalate […]
Visakhapatnam: Noted political analyst Prof. K. Nageshwar has alleged that the Central Government, keen on privatising Coal India, was not allocating coal blocks to it. Participating in a seminar on `Coal shortage-Power crisis’ organised under the aegis of Communist Party of India (Marxist) through virtual mode here on Saturday, he said non-allocation of captive mines […]
Officials attributed Covid-19 disruptions as the key factor behind lower demand resulting in a stockpile building up, compelling the mining giant to moderate output.
The first-of-its-kind data sharing offers Coal India Ltd (CIL) a bouquet of benefits that help it in rationalising the entire coal supply matrix through rail mode
"CIL (Coal India) is well geared to meet any surge in demand for the dry fuel from the power sector especially on the back of close to 63 million tonnes stock at its pitheads," the PSU said.
The miner has asked power plants in the coastal areas to submit proposals for a gradual increase of its supplies to these units to reduce foreign exchange outgo, the Coal India official said.
The steep growth of 190%, or an increase of 11 MT, during October, bodes well for Coal India Ltd (CIL) as it signals a strong demand resumption for coal after the Covid-led hiatus