Coal India's board of directors approved the revision in the prices of non-coking coal with effect from 00:00 hours of May 31, 2023
Maharashtra is planning for 8 million tonnes of coal imports, whereas Gujarat is likely to place an order for 1 million tonnes of coal to be imported.
Almost all subsidiaries of Coal India Ltd (CIL) are ahead in their respective coal offtake numbers compared with the corresponding period last year.
In a recent note on the primary base metal industry, ICRA said that the earnings of the industry would continue to remain under pressure in the second half of the current fiscal, following a dull performance in the first...
Minister of State for Coal, Mines and Railways Raosaheb Patil Danve also noted that sustainable mining needs to be ensured to protect the environment and people living around coal mines
CIL's production at 542.4 MT during the April-February period of FY'22 was a historic high for this period. Coal output surged ahead 27.3 MT in absolute terms on a year-on- year comparison.
Shares of Coal India opened at Rs 233, witnessed an intra-day high of Rs 235.30 and a low of Rs 230.85 during the trading session. The stock finally ended the day at Rs 231.30, down 0.09 per cent from its previous closing...
In an effort to tide over inflationary pressure, the miner will likely raise prices after the assembly elections in five states, including Uttar Pradesh, in March, the sources said.