Mumbai, July 27 (IANS) State-owned Coal India Limited on Monday reported a marginal 0.6 per cent year-on-year (YoY) increase in its consolidated net profit for the first quarter of FY27, even as revenue rose strongly on higher sales. The company also announced an interim dividend of Rs 5.50 per equity share, according to its stock exchange filing.Coal India’s consolidated net profit stood at Rs 8,852 crore for the quarter ended June 30, 2026, compared with Rs 8,797 crore in the corresponding qua…
Latest Coal India Limited News & Updates
New Delhi, July 21 (IANS) Building on its sustained efforts to promote responsible mine closure practices, the Ministry of Coal is set to release ‘AAROH – Annual Report on Mine Closure’ on Wednesday. The event will also witness the signing of an agreement with Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the inauguration of Coal NEER Plants. For the first time since independence, 42 coal mines have been scientifically closed, in accordance with approved mine c…
Bhopal/Jabalpur, July 6 (IANS) In a significant breakthrough in its anti-corruption drive, the Directorate of Enforcement (ED), Bhopal Zonal Office, has filed a chargesheet against Bhola Singh, the then Chairman and Managing Director (CMD) of Northern Coalfields Limited (NCL), under the Prevention of Money Laundering Act (PMLA), 2002.The complaint was filed before the Special Court (PMLA) in Jabalpur, which has issued notice to the accused, a press release said on Monday.The case stems from an F…
New Delhi, July 5 (IANS) Union Home Minister Amit Shah on Sunday expressed concern over the worsening situation of illegal coal mining and theft in Dhanbad and nearby areas and suggested CISF deployment on priority as part of a larger “Zero Coal Leakage Plan”, an official said. During a review meeting also attended by Minister for Coal and Mines G. Kishan Reddy, HM Shah directed officials to include the coal sector in the priority list for CISF deployment, so that personnel can be deployed i…
New Delhi, June 30 (IANS) State-owned Maharatna company Coal India Limited (CIL) on Tuesday said it plans to invest around Rs 1,900 crore in research and development (R&D) activities by FY30 as it steps up efforts to drive technological innovation and support the evolving energy landscape.In an exchange filing, the coal mining major stated that it has intensified R&D initiatives with the establishment of the National Centre for Coal and Energy Research (NaCCER) in FY2024-25, marking a ke…
New Delhi, June 24 (IANS) The Ministry of Coal organised a BRICS side event on clean coal technologies focused on coal gasification’s role in supporting energy security, industrial development and cleaner utilisation of coal, an official statement said on Wednesday.The event drew senior government officials, public sector enterprises, industry technology providers, and a BRICS delegation from Russia, Ethiopia and the United Arab Emirates (UAE), the statement from the Ministry of Coal said.The ev…
Mumbai, May 26 (IANS) The Centre will sell up to a 2 per cent stake in public sector mining giant Coal India Limited (CIL) through an offer for sale (OFS) from May 27 to May 29, the company informed the stock exchanges on Tuesday.The floor price for the offer has been set at Rs 412 per equity share, which represents a 10 per cent discount on Tuesday’s closing price of Rs 455.90 on the National Stock Exchange (NSE).The government has proposed to sell 6.16 crore equity shares, constituting 1 per…
New Delhi, May 26 (IANS) Government-owned mining giant Coal India Limited (CIL) assured on Tuesday that it had adequate coal stocks to meet the peak summer demand from the country’s thermal power plants.The company said that the coal stock buffer currently available for use is around 168 million tonnes (MT), which includes inventories at power plants, CIL mine heads, transit points, and coal in transit through the railway networks.Stocks of the fuel at thermal plants running on domestic coal s…
Kolkata, May 23 (IANS) The Enforcement Directorate (ED), which has become active again in the multi-crore coal smuggling case in West Bengal, has issued summons to an inspector-rank officer of West Bengal Police and five coal traders for questioning.The police officer summoned by the ED is Monoranjan Mondal, former Officer-in-Charge (OC) of Budbud Police Station under the Asansol-Durgapur Police Commissionerate in West Burdwan district.Earlier, during the previous Trinamool Congress regime in We…
New Delhi, May 20 (IANS) India’s electricity demand touched a fresh all-time high for the third consecutive day on Wednesday as scorching temperatures and heatwave conditions across several parts of the country pushed up the use of air-conditioners, coolers and other electrical appliances in homes and commercial establishments.According to the Union Power Ministry, peak power demand during solar hours reached 265.44 GW at 3:45 pm and was fully met without any shortage in supply. The latest fig…