Coal India Limited is moving ahead with a substantial Rs 67,000 crore investment to develop coal-fired power plants near its mines. This strategy aims to reduce transport costs and enhance economic efficiency by locating the plants close to coal mines, especially in Odisha. With the Indian government planning to add 88 gigawatts of thermal capacity […]
Shares of Coal India Limited (CIL), the state-owned coal mining company, fell by 4% on Wednesday, hitting a low of ₹500.70 on the Bombay Stock Exchange (BSE) after the company reported a significant drop in sales volume for August 2024. The decline follows a report that the company’s sales volumes for August totaled 52.1 million […]
Coal India Limited (CIL), the state-owned coal mining corporate, has reported a significant 18% year-on-year increase in its consolidated profit after tax (PAT) for the third quarter ending December 2023, of the fiscal year 2024. The PAT rose to an all-time high of Rs. 9,094 Crores, up from Rs. 7,719 Crores in the corresponding quarter […]