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126 applications recommended for allotment of 14 coal blocks 126 applications recommended for allotment of 14 coal blocks These applications are from 25 government firms from 15 states and central public sector undertakings (PSUs), the statement added.
'Panel to resolve coal quality issue at variance with FSA' 'Panel to resolve coal quality issue at variance with FSA' The proposal to form the committee comes in the wake of differences between Coal India (CIL) and NTPC over the quality of coal being supplied to the power PSU.
'6 explored coal mines for allotment to pvt cos identified' '6 explored coal mines for allotment to pvt cos identified' The report further said that rules for auction of competitive bidding of coal mines were notified in December last year.
Fin Min asks cash-rich PSUs to buy its equity in other govt cos Fin Min asks cash-rich PSUs to buy its equity in other govt cos The Finance Ministry has asked cash rich PSUs like Coal India, ONGC and Oil India to consider buying government equity in other state-run firms to help achieve Rs 40,000 crore disinvestment target in the current fiscal.
Coal India shares jump over 2% post Q4 results Coal India shares jump over 2% post Q4 results At NSE, the scrip went up by 2.43 percent to Rs 308.65.
Coal India Q4 net profit up 90% on dividend income Coal India Q4 net profit up 90% on dividend income Riding on dividend income paid by its subsidiaries, Coal India Ltd (CIL) Monday reported nearly 90 percent jump in standalone net profit at Rs 2,320.61 crore for the fourth quarter ended March 31.
Coal Min not in favour of CIL stake sale till issues resolved Coal Min not in favour of CIL stake sale till issues resolved Lingering row between CIL and power producers such as NTPC is casting a shadow over 10 percent 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.
CoalMin takes up issue of power cos' Rs 9,000 cr dues to CIL CoalMin takes up issue of power cos' Rs 9,000 cr dues to CIL Against the backdrop of power utilities, including NTPC and DVC, owing a huge amount of about Rs 9,000 crore to CIL, the Coal Ministry has asked the Power Ministry to ensure that the outstanding amount is cleared soon.
NTPC resumes joint sampling of coal with CIL NTPC resumes joint sampling of coal with CIL Easing its rigid stance as power demand peaks this summer, power major NTPC has resumed joint sampling of coal with Coal India Ltd, seeking full load supply to its power plants.
Panel on PPP models for coal likely to meet this week Panel on PPP models for coal likely to meet this week The panel formed to devise a policy on Public Private Partnership with CIL as one of the partners to augment coal production may deliberate on various models suggested by different ministries, including Finance, on the PPP route in a meeting likely this week.
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