Coal India Limited (CIL), the largest coal-producing company in the world, has announced significant changes to its e-auction process to more effectively meet the growing local coal demand. As part of these changes, CIL has reduced the earnest money deposit (EMD) required for bidding in e-auctions from Rs. 500 per ton to Rs. 150 per […]
Coal India Limited (CIL) has surpassed its production targets for the first quarter of FY 2025, achieving a notable increase in coal output and meeting robust energy demands. The state-owned enterprise reported a production of 189.3 million tonnes (MTs) in Q1, marking a nearly 8% growth over the 175.5 MTs produced during the same period […]
In an innovative move to harness the untapped potential of dormant coal reserves, Coal India Limited (CIL) has awarded 23 closed and discontinued underground mines to successful private sector bidders under a revenue-sharing model. These mines collectively boast a peak rated capacity of 34.14 million tonnes per year (MT/Y) and hold estimated extractable reserves of […]
Coal India Limited (CIL), the state-owned coal mining giant, has announced a substantial 25.8% growth in profit after tax (PAT) for the fourth quarter of FY 2023-24, reaching ₹8,640 crores compared to ₹6,869 crores in the corresponding quarter of the previous fiscal year. For the entire financial year, CIL reported a PAT of ₹37,369 crores, […]
Coal India Limited (CIL), the largest coal-producing company globally, has set a new benchmark in its operational history by recording a remarkable double-digit growth in coal production for the second consecutive year in FY 2024. Achieving a significant milestone, CIL produced 773.6 million tonnes (MTs) of coal, marking a 10% growth over the previous fiscal […]
Coal India Limited (CIL), the world’s largest coal mining company, has achieved a remarkable milestone in the fiscal year 2024, surpassing its projected commitments. The public sector entity supplied an all-time high volume of 98 million tonnes (MT) to non-regulated sector (NRS) consumers till December FY 2024, marking a significant 31% growth over the 75 […]
Coal India Limited (CIL), maintaining a brisk output pace, has reported an impressive production of 460 million tonnes (MTs) of coal till November of the ongoing financial year. This production reflects an 11.5% year-on-year growth, surpassing the annual asking rate of 10.2%. Substantial Increase in Coal Output This year’s production saw an increase of 47.4 […]
Coal India Limited (CIL) has achieved a remarkable milestone by producing approximately 333 million tonnes (MTs) of coal in the first half of the current financial year, demonstrating a robust 11.3% year-on-year growth. This achievement marks a substantial increase of nearly 34 MTs when compared to the same period in FY 2023. Notably, all of […]
In a notable upswing, Coal India Limited (CIL) disclosed robust figures for its coal production in August 2023, registering a remarkable 13.2% year-on-year increase. The state-owned coal giant produced a staggering 52.3 million tonnes (MTs) last month, showing an improvement of 6.1 MTs over the 46.2 MTs produced in August 2022. Coal India Limited Year-on-Year […]
In a marked demonstration of robust financial health, Coal India Limited (CIL) reported a notable 8.5% year-on-year growth in its capital expenditure, reaching Rs.4,700 Crores for the period ending July FY 2024. This positive uptick is attributed to Coal India Limited’s consistent focus on investing in key sectors like evacuation infrastructure, land, and mining machinery. […]