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Coal India reports 40.74 MT of production in May 2017

44.09 MT. The company’s total off-take for the month of May stood at 46.41 MT, as against a target of 50.99 MT. Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications. Read More »

Coal India to shut loss-making mines to cut operational expenses: Report

In a bid to cut operational expenses, Coal India is reportedly planning to shut-down loss-making mines. In this regards, the company has identified 65 loss-making mines for closure. Around 40,000 workers, roughly 13 per cent of the total (3,09,455), employed in these mines will be redeployed. Of the total, 62 ... Read More »

Coal India’s Rajmahal OCP sets target of 17 MT coal production during 2017-18

Rajmahal Opencast Project of Eastern Coalfields (ECL), a subsidiary of Coal India (CIL), has set a target of 17 million tonne (MT) coal production during 2017-18 at its optimum capacity. Rajmahal OCP produced 14.43 MTs of coal during 2016-17. With the issue of shifting Bhadotola village being solved in stages ... Read More »

Coal India reports 6% growth in overall despatch of coal in April

Coal India (CIL) has reported 6% growth in its overall despatch of coal to 45.3 million tonnes in April 2017 as compared to 42.7 mt despatched during April 2016. The supply at par is at a time when demand of coal by the power sector has picked up on the ... Read More »

Coal India plans to appoint tax consultant: Report

Coal India is reportedly planning to appoint a tax consultant to assist the miner and its subsidiaries in getting ready for the Goods and Services Tax (GST) and indirect taxes for the miner. In this regard, the company has floated a tender. The miner will seek advice from the consultant ... Read More »

Coal India reports 38.44 MT of production in April 2017

Coal India has reported provisional production of 38.44 million tonnes (MT) in April 2017, as against a target of 43.58 MT. The company’s total off-take for the month of April stood at 45.29 MT, as against a target of 49.51 MT. Coal India is the world’s largest coal mining company. ... Read More »

Coal India plans to set up methanol plant in West Bengal

Coal India (CIL) is planning to set up a coal based methanol plant in West Bengal. The company intends to diversify into new ‘Coal to Chemical business’ domain by converting the high calorific value, low ash thermal coal into chemical. In order to implement the new strategy, premises of its ... Read More »