Govt to sell 10 percent stake in Coal India Ltd.

India plans to sell a 10 percent stake in state-owned Coal India Ltd (COAL.NS).

Private firms may benefit from govt's plan to ease fuel supply

The power ministry's proposal to supply coal from Coal India's mines to nine private power projects could mean they could get the fuel at Rs 1,500 a tonne, instead of the open market price of Rs 4,000 per tonne, according to report.

MoEF clears MCL`s coal mine project in Odisha

The Environment Ministry has cleared with certain conditions the expansion of a mining project in Odisha of Mahanadi Coalfield Ltd, a subsidiary of Coal India Ltd.

Centre faces tough questions from SC on Coalgate

The Centre was on Wednesday clueless to a pointed query on how coal blocks belonging to Coal India Ltd (CIL) were allocated to private companies by it.

Parl panel unhappy over coal allocation to pvt cos

CIL is the largest coal producer in the world and accounts for over 80 percent of the domestic coal output. It had recorded about 432 million tonne production in 2011-12, as against a revised down target of 447 MT.

No plan to end Coal India monopoly, says Jaiswal

The govt has put on hold its plan to end CIL monopoly in the wake of stiff opposition from the trade unions and political parties.

CIL workers to oppose disinvestment

Trade union CITU on Thursday claimed that workers of Coal India Ltd (CIL) would oppose disinvestment in the company which, it feared, would lead to gradual privatisation of the public sector giant.

CIL may soon appoint merchant banker to advise on divestment

The country`s largest coal miner,
Coal India Ltd (CIL), is likely to appoint a merchant banker
soon to advise it on the proposed disinvestment in the
company.

CIL eyeing partnership with BHP, Rio Tinto

State-run coal producer Coal India Ltd is looking to tie up with global mining firms like BHP Billiton, Rio Tinto and Anglo American to mine coal abroad and has floated an EOI for the same.