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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)

Coal India unit approves share buyback of up to 12 bln rupees
Monday, 27 Feb 2017 06:39am EST 

Coal India Ltd :Says board of unit South Eastern Coalfields has approved buyback of equity shares worth up to 12 billion rupees.  Full Article

Coal India to consider payment of interim dividend
Tuesday, 21 Feb 2017 05:25am EST 

Coal India Ltd :Says to consider payment of interim dividend, if any, for year 2016-17.  Full Article

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


India likely to put pedal to metal on asset sales

MUMBAI/NEW DELHI India's government may look to raise as much as a record 1 trillion rupees ($15.7 billion) from the sale of state assets in the next fiscal year to help meet tough fiscal deficit limits while giving it room to boost spending and woo voters before general elections that must be called by early 2019.