Coal India’s production grows 10% to 773.6 MTs in FY 2024

[ad_1] Coal India Ltd (CIL) produced 773.6 million tonnes (MTs) of coal in FY24, registering a 10 per cent growth over 703.2 MTs output in FY23. As per the company’s stock exchange filing, Mahanadi Coalfields Limited, an Odisha-based CIL subsidiary,...

Dividend receipts from CPSEs exceed revised estimates by 26% to ₹63,000 cr

[ad_1] The Centre's dividend receipts from CPSEs have exceeded the revised budget estimate by 26 per cent to about ₹63,000 crore, with PSU behemoths like Coal India, ONGC, Powergrid and GAIL making handsome payouts in the current fiscal.The revised estimates...

Coal India’s shares rise after exceeding FY2024 power supply target

[ad_1] Coal India Limited’s shares rose 0.82 per cent after the company reported that it surpassed its coal supply target to the thermal power sector for the fiscal year 2024 by delivering 610.8 million tonnes (MTs) of coal, exceeding the...

Govt open to offer closed and abandoned coal mines to private sector under revenue sharing mode, says Coal Secretary

[ad_1] The government is open to offering closed and abandoned coal mines to the private sector under the revenue sharing mode, Coal Secretary Amrit Lal Meena said on Thursday. “We have undertaken a complete survey of all the coal mines...

Captive, commercial coal mines likely to produce 140 mn tons in FY24 as Govt pushes for higher output

[ad_1] Coal production by the private sector is expected to surpass 140 million tonnes (MT) in FY24, ending March 2024, as the Coal Ministry pushes for enhancing output from captive and commercial mines.Also read: Coal India not to miss production...

Coal India not to miss production target for 2023-24, say officials 

[ad_1] Coal India Ltd is “very confident” of meeting the 780 million tonne production target for 2023-24, the company’s officials told businessline in Chennai on Saturday. This statement assumes significance against the backdrop of recent reports in the media that...

Coal India production soars 10.5% to 685.1 mt during April-February

[ad_1] State-owned miner Coal India on Friday said it produced 685.1 million tonnes (mt) of coal during April-February period of the current financial year, posting a 10.5 per cent year-on-year increase in output compared to 619.7 million tonnes (mt) during...

Stocks that will see action today: February 29, 2024

[ad_1] Global media giant Walt Disney Co and billionaire Mukesh Ambani-led Reliance Industries on Wednesday announced signing of binding pacts to merge their media operations in India to create a ₹70,000 crore-behemoth. A successful completion of the deal would create...