Coal India Limited

  • Will cancellation of coal blocks adversely affect power sector? September 9, 2014

    The Centre has favoured cancellation of 218 coal block allocations which were declared illegal by the Supreme Court last month. It has also suggested takeover of the 46 productionready blocks by the public sector unit Coal India Limited. Meanwhile, the apex court has reserved its decision on the matter. ...
  • Centre favours cancellation of 218 coal blocks, SC reserves its verdict September 9, 2014

    The Centre has favoured cancellation of 218 coal block allocations which were declared illegal by the Supreme Court last month. It has also suggested takeover of the 46 productionready blocks by the public sector unit Coal India Limited. Meanwhile, the apex court has reserved its decision on the matter. ...
  • 3-day strike by employees will hit production, CIL tells govt September 8, 2013

    The proposed three-day strike by employees of CIL from September 23 will have adverse impact on coal production amidst shortage of the fossil fuel in the country, the company has informed the central government. "CIL (Coal India Ltd) has written to the Coal Ministry stating that the strike by the trade...
  • Coal India, trade unions to meet on Sep 11 on stake sale issue September 6, 2013

    New Delhi: State-owned Coal India (CIL) will hold a meeting with five trade unions next week to persuade them to withdraw their strike notice against the government's move to divest five per cent stake in the PSU firm. The development follows the five major trade unions representing the workers of CIL...
  • Nine firms shortlisted for Coal India restructuring May 26, 2013

    New Delhi: Amid 17 major players evincing interest in restructuring world's largest coal miner CIL (Coal India Limited), the government has shortlisted nine firms for the task. "The Coal Ministry has shortlisted nine firms out of 17 applications it received with regard to the appointment of advisors for restructuring of...
  • Coal Ministry not in favour of CIL stake sale May 19, 2013

    New Delhi: Lingering row between CIL and power producers such as NTPC is casting a shadow over 10 per cent divestment plans in the coal major as its parent ministry has reservations about stake sale till issues, like Rs 9,000 crore dues owed by electricity utilities, are resolved. "Coal Ministry in...
  • Diesel price hike to impact Coal India by Rs 600 cr September 18, 2012

    Kolkata: The hike in diesel prices will put an additional burden of Rs 600 crore per annum on Coal India Ltd in the production of coal, a top company official said on Tuesday. "For each Re 1 hike in diesel prices, the impact is Rs 120 crore and so for a...
  • Raise power capacity on war footing: India Inc August 1, 2012

    New Delhi: With the worst power blackout in India affecting almost half the country and causing business losses of thousands of crores of rupees, India Inc on Tuesday called for raising capacity in the power sector on a war footing. "Availability of coal and gas is a prerequisite for spurring investments...
  • CIL to hire about 1,500 people by 2012end August 15, 2011

    New Delhi: Staterun Coal India Ltd on Monday said it plans to hire 1,500 executives by December 2012 and will come out with recruitment advertisements in early 2012. "We will recruit around 1,500 management trainees by December, 2012, and will come out with advertisements for vacancies by either February or March...
  • Coal India wants to buy Gandhi's SAfrica home January 3, 2011

    Kanpur: The staterun Coal India Limited will make its second attempt to buy the house of Mahatma Gandhi in Johannesburg, where he had lived for over a year, with the desire to build a memorial there. The PSU had made its first attempt to buy the house of the Father of...