The Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes (MT) of coal up to 7th March 2024 during the current fiscal, surpassing last financial year’s production of 703.20 MT by an impressive margin of 24 days. Additionally, CIL maintains an ample coal stock of 72.70 MT as of 7th March 2024. To enhance domestic coal production, the ...

Last one year, coal CPSEs have witnessed an exponential growth commensurate with their contribution to the economy of the country, which has been reflected in their Market capitalization, CAPEX and profitability. Market Capitalization Coal CPSE’s CIL & NLCIL have witnessed phenomenal growth in their core operation. This has boosted investors confidence in these PSUs stocks thereby leading them to their ...

Recently, an article has been published in a section of media alleging that Union Government illegally barred West Bengal from coal auctions, benefiting a corporate. It is alleged that Coal Ministry disqualified West Bengal Power Development Corporation Limited (WBPDCL) from participating in auction of West Bengal based coal mines considering WBPDCL as a prior allottee and has not paid addition ...

Our country is endowed with 5th largest geological reserves of coal.  We are 2nd largest consumers of coal.  More than 70% of our power generation is contributed by Thermal Power Plants.  For growing economy, the requirement of power is fast increasing. The Indian coal sector has undergone radical changes during last 10 years. The all-encompassing strategy, evident in initiatives such as commercial ...

There is month on month (m-o-m) and year-on-year (yoy) increase in coal production and dispatch from captive and commercial. The total coal production and dispatch from captive and commercial coal mines during the period from 1st April to 29th February 2024 was 126.80 MT and 128.88 MT, marking an impressive increase of 27.06% and 29.14% respectively, as compared to the same ...

Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi has launched a groundbreaking initiative, the “Coal Logistics Plan and Policy” organized by the Indian National Committee World Mining Congress with the patronage of the Ministry of Coal in Vigyan Bhawan, New Delhi Addressing the event, Shri Pralhad Joshi underscored the imperative need for efficient logistics to meet the ...

Coal mining sector has proved to be a big booster for economic growth of the coal producing States in the Country. State Governments are entitled to receive 14% of Royalty on sale price of coal, DMF @30% of royalty, 2 % of NMET from the coal produced by the coal companies and also the private sector. In case of captive/ ...

The Coal India Limited entered into a Memorandum of Understanding (MoU) with Indian Institute of Managements (IIM) Mumbai and Sambalpur, today, i.e., 1st March, 2024, marking a crucial step in multimodal connectivity infrastructure for coal transportation in alignment with the PM Gati Shakti National Master Plan 2021.   The collaboration, through a Memorandum of Understanding (MoU) signed between the two ...

NTPC’s Environmental, Social, and Governance (ESG) Score has ascended by two levels, transitioning from a ‘D’ rating in 2022 to a ‘C’ rating in 2023, in the Carbon Disclosure Project (CDP) Water Security Rating. This achievement serves as a testament to NTPC’s unwavering commitment to environmental stewardship and sustainable practices, with a specific emphasis on water management. NTPC’s efforts to enhance ...

Coal PSUs under the administrative control of The Ministry of Coal has been at the forefront of doing CAPEX to assist and contribute in transforming Indian economy. Over the past few years, Coal CPSEs has been over achieving the CAPEX Target. In FY 21-22, CIL & NLCIL had achieved 104.88% & 123.33% respectively of their target. Similar performance was repeated ...