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Coal India Ltd (COAL.BO)

COAL.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

India's coal ministry says 9 bodies recovered from ECL Rajmahal coal mine accident site so far
Friday, 30 Dec 2016 03:57am EST 

Coal Ministry of India: CMD of eastern coalfields says total of nine bodies have been recovered from the ECL Rajmahal coal mine accident site so far . Probe ordered by director general of mines safety; high level panel of experts constituted by Coal India to probe causes of accident . Two persons have met with injuries and treated in the area hospital; one sent to Durgapur for further treatment. . All 10 excavators and dump trucks have been extracted. .Control room has been set up at the project office of Rajmahal open cast expansion project of ECL.  Full Article

India's Coal Ministry says Coal India targets to produce 71.77 MT of coking coal by 2019-20
Thursday, 11 Aug 2016 07:00am EDT 

India's Coal Ministry: CIL targets to produce 71.77 MT of coking Coal by 2019-20 . CIL is also aiming to enhance its Coal production to 1000 million tonnes by 2019-20 .  Full Article

India's Coal Ministry says Coal India to produce 11.11 pct more coal in 2016-17
Monday, 25 Jul 2016 05:12am EDT 

Coal India Ltd : India Ministry Of Coal says Coal India sets target of producing 598.61 mt. Coal in 2016-17, growth rate of 11.11 percent over last year .  Full Article

Coal India seeks members' nod for share buyback of up to 36.50 bln rupees
Tuesday, 19 Jul 2016 09:40am EDT 

Coal India Ltd : Says seeks members' nod for buyback of shares of up to 36.50 billion rupees .  Full Article

Coal India to consider buyback of equity shares
Tuesday, 5 Jul 2016 05:36am EDT 

Coal India Ltd : Board to consider buy back of equity shares .  Full Article

Coal India signs deal with Solar Energy Corp of India
Wednesday, 29 Jun 2016 08:41am EDT 

Coal India Ltd : Coal india ltd.- agreement with solar energy corporation of India limited . Two agreements for implementation of 200 mw solar power project in madhya pradesh . Coal india ltd.- two agreements for estimated cost of 6.50 billion rupees each .  Full Article

NTPC incorporates JV company "Hindustan Urvarak & Rasayn Limited" with Coal India
Wednesday, 15 Jun 2016 08:29am EDT 

NTPC Ltd : JV company in name of "Hindustan Urvarak & Rasayn Limited", with 50:50 shareholding by NTPC & Coal India has been incorporated on June 15 . JV company shall take up revival of gorakhpur and sindri plants of Fertilizer Corporation of India Ltd. by setting up ammonia urea plants .  Full Article

Coal India unit South Eastern Coalfields approves buyback
Tuesday, 14 Jun 2016 07:02am EDT 

Coal India Ltd : Unit south eastern coalfields approved the buyback of upto inr 12 billion .  Full Article

Coal India unit approves buyback of equity shares of up to 7.89 bln rupees
Monday, 13 Jun 2016 07:35am EDT 

Coal India Ltd : Unit Western Coalfields Limited approved buyback of equity shares for an aggregate amount not exceeding 7.89 billion rupees .  Full Article

India's NTPC Ltd capex target for 2016-17 at 300 bln rupees
Monday, 6 Jun 2016 02:49am EDT 

NTPC Ltd : India's NTPC Ltd says projects of 24,059 MW under various stages of construction - statement . Says set to cross 50 GW capacity in 2016-17- statement . Says around 5GW of capacity to be added in 2016-17 - statement . Says to add 1310 MW of solar capacity in near term - statement . Says capex target for 2016-17 at 300 billion rupees - statement . Exec says expect to begin mining Coal from pakri-barwadih mine in 3-4 months . Exec says expect assured returns of 12 percent in fertiliser JV with Coal India . Exec says price hike by Coal India to push up NTPC's generation price by about 8 paise per unit . Further company coverage [NTPC.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article


India's coal minister denies plan to split Coal India, sees no value

BHUBANESWAR, India India's power and coal minister Piyush Goyal said on Friday there was no value in splitting up India's biggest coal producer Coal India Ltd and denied any plans to break it up.