The capex increase was up by a sharp ₹1,550 crore in FY22 compared to ₹13,284 crore of FY21, registering a near 12% growth, Coal India said in a statement
WhatsApp: +86 18203695377Coal India said these equipment were imported over the past five years. ( Image Source : Getty ) Stateowned CIL, which has imported highcapacity mining equipment worth Rs 3,500 crore in the past five years, has drawn up a plan to phase out such inbound shipments over the next six years, the government said on Thursday.
WhatsApp: +86 18203695377Coal Secretary Anil Kumar Jain on Tuesday said the import of coal for thermal power generation will end in India by 2024 and the domestic production of the dryfuel is expected to rise by 10 per cent. Jain was in Nagpur for a review meeting with Western Coalfields Ltd (WCL), a subsidiary of Coal India Ltd. WCL Chairman and Managing Director Manoj Kumar, its directors, chief vigilance officers ...
WhatsApp: +86 18203695377Synopsis. CIL is exploring ramping up its under ground (UG) production by fourfold to 100 million tonnes (MTs) by FY 2030 from MTs in FY'22. UG output is environmentally clean, minimally invasive on land degradation, society friendly. Around 70% of the country's coal reserves are conducive for UG mining. Coal India Limited ( CIL) is ...
WhatsApp: +86 18203695377Yet there are perpetual shortages. Last October, India teetered on the brink of a power crisis when stocks at more than half of the country's 135 coalfired plants ran critically low, or below 25% ...
WhatsApp: +86 18203695377Price sustaining above 100 days EMA and the recent trendline breakout area signaling further upward momentum in coming sessions. ICICI Direct has buy call on Coal India with a target price of Rs The current market price of Coal India is Rs ICICI Direct recommended to keep stop loss at Rs Coal India, incorporated in the year ...
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WhatsApp: +86 18203695377The Indian government received good response from institutional investors in the third offer for sale (OFS) of a stake in Coal India, with the nonretail portion oversubscribed by 346%. However, CIL shares have underperformed in the four years since the government offloaded 10% of its stake for INR220bn (3bn) in 2015, returning negative 8%. CIL announced an 8% increase in major coal grade ...
WhatsApp: +86 18203695377CIL has bought mining equipment from foreign companies, including and , to boost productivity of its Chhattisgarh mines Stateowned Coal India Ltd (CIL) has bought mining equipment worth Rs2,000 crore from foreign companies, including and , to boost productivity of its Chhattisgarh mines. "We bought this equipment at an investment of Rs2,000 crore ...
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WhatsApp: +86 18203695377NEW DELHI: Stateowned Coal India Ltd, which has imported highcapacity mining equipment worth ₹ 3,500 crore in the past five years, has drawn up a plan to phase out such inbound shipments over ...
WhatsApp: +86 18203695377The net sales of the company grew marginally to ₹ 33, crore during the quarter under review from ₹ 32, during Q1FY23. Sequentially, Coal India's net profit jumped 43 per cent from ...
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WhatsApp: +86 18203695377India also ramped up coalfired power output to make up for a seasonal decline in generation from renewable sources such as wind and solar, whose share in total output fell to % in the first ...
WhatsApp: +86 18203695377The coal major's total supplies at MT during the first 15 days of October 2023 logged over 16% yoy growth compared to MT during the same period last year.
WhatsApp: +86 18203695377The strong power demand is leading to higher demand from the power sector. The Coal India's first half FY24 production at 333 MT already had risen % yearonyear while total supplies at 360. ...
WhatsApp: +86 18203695377On Tuesday, Coal India Ltd (CIL) said it has increased supplies of the fuel to thermal power stations, but admitted the supply boost could be 'dwarfed' as low coal stocks at thermal plants ...
WhatsApp: +86 18203695377These tools can help longterm investors make better investment decisions by providing more detailed insights into the company's financial performance and valuation. Coal India Ltd. Share Price Today: CLOSE, HIGH 345, LOW: Get latest balance sheet, annual reports, quarterly results, and price chart.
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WhatsApp: +86 18203695377As per the draft report of Niti Aayog, the coal demand is expected to remain in the range of 1,1921,325 million tonnes by 2030. A plan to increase all India coal production to the level of 1 BT by 202324 and coal production by Coal India Limited to 1 BT by 202425 has been prepared. The resultant increase in coal availability will be able to ...
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WhatsApp: +86 182036953773 min read 18 Oct 2023, 01:56 PM IST Join us. Nishant Kumar. Coal India share price hit its fresh 52week high on Thursday. It hit its 52week low of ₹ on March 27 this year. In about ...
WhatsApp: +86 18203695377The ministry of coal has recently finalized an action plan for the fiscal year 202324, aiming to achieve a coal production target of 1,012 million tonne. Over the past nine years, India's ...
WhatsApp: +86 18203695377The brokerage house has a Buy rating on Coal India shares with a target price of ₹ 295 apiece. The views and recommendations made above are those of individual analysts or broking companies, and ...
WhatsApp: +86 18203695377Coal India Limited (CIL) has devised a strategic plan to phase out imports of heavy earthmoving machinery (HEMM) and underground mining equipment over the next six years, the Ministry of...
WhatsApp: +86 18203695377Updated June 28, 2023 Coal production in India and major projects Brought to you by Coal According to GlobalData, India is the world's secondlargest producer of coal in 2022, with output up by 7% on 2021. Over the five years to 2021, production from India increased by a CAGR of 3% and is expected to rise by a CAGR of 7% between 2022 and 2026.
WhatsApp: +86 18203695377Giving 'buy' tag to Coal India shares and OFS, Sumeet Bagadia, Executive Director at Choice Broking said, "Coal India shares have strong support placed at ₹ 220 to ₹ 230 apiece levels ...
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WhatsApp: +86 18203695377Coal India has said in a stock exchange filing that the Board of Directors has "declared 2nd Interim Dividend for the financial year 202223 per share of the face value of ₹ 10/ as ...
WhatsApp: +86 18203695377Coal provides roughly 70 percent of India's electricity, and the government's most recent plan called for coal to provide for 75 percent of newly installed capacity. Most projections were that the ...
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