1 min read Coal India to phase out import of mining equipment costing Rs 4,500 crore "Therefore, it has been planned to phase out import over the period of next five to six years by encouraging and developing domestic equipment manufacturers' capabilities.
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WhatsApp: +86 18203695377The net sales of the company grew marginally to ₹ 33, crore during the quarter under review from ₹ 32, during Q1FY23. Sequentially, Coal India's net profit jumped 43 per cent from ...
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WhatsApp: +86 18203695377The capex increase was up by a sharp ₹1,550 crore in FY22 compared to ₹13,284 crore of FY21, registering a near 12% growth, Coal India said in a statement
WhatsApp: +86 18203695377Coal Secretary Anil Kumar Jain on Tuesday said the import of coal for thermal power generation will end in India by 2024 and the domestic production of the dryfuel is expected to rise by 10 per cent. Jain was in Nagpur for a review meeting with Western Coalfields Ltd (WCL), a subsidiary of Coal India Ltd. WCL Chairman and Managing Director Manoj Kumar, its directors, chief vigilance officers ...
WhatsApp: +86 18203695377Coal India | Buy range: ₹ 277273 | Target price: ₹ 299313 | Stop loss: ₹ 263 On the weekly chart, Coal India has convincingly broken out of a mediumterm "roundedbottom" pattern at the ...
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WhatsApp: +86 18203695377Coal India Ltd. is an Indiabased coal mining company. The Company operates through its subsidiaries in 83 mining areas spread over eight states of India. The Company has 322 mines, of which 138 are underground, 171 opencast and 13 mixed mines. It also manages other establishments like workshops, hospitals and others.
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WhatsApp: +86 18203695377Given below is the list of Coal Mines in India with the states and categories the coalfields belong to: Coal Mines in India. Coal Mine. States. Jharia, Dhanbad. Bokaro. Jayanti. Godda ...
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WhatsApp: +86 18203695377The Indian government received good response from institutional investors in the third offer for sale (OFS) of a stake in Coal India, with the nonretail portion oversubscribed by 346%. However, CIL shares have underperformed in the four years since the government offloaded 10% of its stake for INR220bn (3bn) in 2015, returning negative 8%. CIL announced an 8% increase in major coal grade ...
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WhatsApp: +86 18203695377The coal major's total supplies at MT during the first 15 days of October 2023 logged over 16% yoy growth compared to MT during the same period last year.
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WhatsApp: +86 18203695377Coal India has budgeted billion to buy assets in the, Indonesia and Australia during the year ending March 2011 as it battles a widening gap between domestic coal supply and demand. In May 2011, Coal India said it wanted to buy a stake in Massey Energy Co.'s Sidney Underground Mines, and is awaiting a response from the based ...
WhatsApp: +86 18203695377The move aims to encourage and develop domestically manufactured equipment, Coal India said. New Delhi: Stateowned CIL, which has imported highcapacity mining equipment worth Rs 3,500 crore in ...
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WhatsApp: +86 18203695377China's Coal Consumption and Production. In 2022, China's coal consumption grew by percent to a new alltime high of billion metric tons nearly 9 times higher than the United States, and it is expected to be higher yet this year. China's September coal output increased percent from August to the highest level since March ...
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WhatsApp: +86 18203695377Stateowned mining giant Coal India (CIL) imports equipment including continuous miners equipment, crawler dozers, drills, dumpers, electric rope shovels, frontend loaders wheel dozers, hydraulic shovels and motor graders.. CIL incurs Rs35bn () on the imports and an additional Rs10bn is paid as customs duty. Hence, a plan has been proposed to phase out its imports in the next fiveto ...
WhatsApp: +86 18203695377Coal India Limited (CIL) has reportedly awarded a Rs29bn (approximately 390m) contract to Belaz for 96 dumpers of 240tonne (t) capacity. ... Not ready to buy yet? Download a free sample ... As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers ...
WhatsApp: +86 18203695377Coal India shares witness heavy selloff pressure as the PSU company announces offer for sale at a discounted price, causing shareholders to offload their positions. Coal India OFS will remain ...
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WhatsApp: +86 18203695377Coal India Ltd has begun mining operations with excavators manufactured by the Russian company IZKARTEX, a part of the Russian UZTMKARTEX Group, which has been detailed in an article shared by Frontier India News EKG20 was supplied under a contract for the supply of 11 machines with a bucket capacity of 22 cubic metres and spare parts for an 8year period beginning with the ...
WhatsApp: +86 18203695377On Tuesday, Coal India Ltd (CIL) said it has increased supplies of the fuel to thermal power stations, but admitted the supply boost could be 'dwarfed' as low coal stocks at thermal plants ...
WhatsApp: +86 18203695377Large outstanding dues of power generation companies (gencos) to coal companies may be playing a role in the current power crisis as state gencos had total outstanding dues of about Rs 7, crore to Coal India, as of April 18. Sources said Coal India reduces supply of coal to power houses from states with high dues when there is inadequate ...
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