CIL to spend USD 1-1.5 bn to acquire assets in 4 countries

State-run Coal India on Thursday said it will buy mining assets in four countries-- Australia, Indonesia, South Africa and the US -- at an estimated investment of USD 1-1.5 billion, in a bid to expand its production capacity.

Coal India may hike coal prices by up to Rs 175 a tonne

State-owned Coal India may hike coal prices by up to Rs 175 a tonne to close the gap between domestic and international rates.

CIL has not hiked prices since 2007 and this has resulted in a huge difference in prices.

Coal India talks stake-sale with disinvestment secy

Coal India, after getting the
necessary approval from the coal ministry, has begun
discussions with the disinvestment department of the finance
ministry to divest up to 10 percent of government stake in
the company.

Coal India seeks coal price hike

Navratna PSU Coal India on Friday sought a hike in coal prices on the back of a decline in its retained earnings.