Coal: Latest News and Updates, Top Stories, Videos, Photos About Coal

Coal Sector Spearheads Economic Growth with Impressive 11.6% Rise In February 2024

The Ministry of Commerce and Industries on Monday released data showing the coal sector's impressive 11.6% surge in February 2024. This surge, the highest among the eight core industries, underscores the sector's pivotal role in driving economic momentum. The Index of ...

Coal Resilience Challenges Climate Goals, Faces Prolonged Exit Amidst Demand

Coal, often considered the dirtiest fossil fuel, is experiencing a resurgence despite global efforts to transition to cleaner energy sources. More than two years after climate negotiators attempted to phase out coal, the industry is proving remarkably resilient, fueled by a ...

Coal Sector Propels Industrial Growth, Sets New Records In January 2024

India's coal sector has emerged as a powerhouse, achieving its highest growth rate of 10.2% among the eight core industries in January 2024. This significant milestone, as revealed by the Index of Eight Core Industries (ICI) released by the Ministry of ...

Coal India: PSUs Bag 95.83% Of CAPEX Target To Rs 20,153 Crore; Utility Stocks In Focus

The Ministry of Coal announced on Wednesday that the state-owned Coal India Ltd. (CIL) is poised to surpass its CAPEX target of Rs 20,153 crore for the ongoing fiscal year. The government has once again demonstrated its pivotal role in driving ...

52.5% Payout, 5.44% Yield; Maharatna Stock Falls 4% On Ex-Dividend; Buy-On-Dips Opportuniy Here!

Coal India, the largest coal producer, turned ex-dividend on Tuesday, and the stock price was under selling pressure. CIL's share dived over 4.3% to hit an intraday low of Rs 441.20 apiece on BSE. The Maharatna company is set to reward ...

India's Coal Import Rises 27 Per Cent In December

India's coal import registered a rise of 27.2 per cent to 23.35 Million Tonne (MT) in December, over the corresponding month of the previous fiscal. The coal ministry is aiming for zero thermal coal import by FY26. The country's coal import ...

Domestic Coal-Based Power Generation Soars 8.38% To 779.1 Bn Units In April-Nov

In a significant accomplishment, the domestic coal-based power generation soared 8.38% to 779.1 Billion Units (BU) in April-November FY24 , according to an official statement on Saturday. Meanwhile, the domestic coal-based power generation stood at 718.83 BU in the year-ago period. ...

COP28: Nations Inch Closer To Historic Deal On Fossil Fuel Transition, India, China Push Back On Coal

After nearly two weeks of hectic negotiations, countries were on the verge of reaching a historic deal on a 'transition away from fossil fuels' while emerging economies like India and China strongly resisted the targeting of coal. This is, however, a ...

Indian Government Considers Selling Up To 3% Stake In State-Owned Miner Coal India Ltd

The Indian government announced in a filing on Wednesday that it is considering selling up to 3% of its ownership in the state-owned miner Coal India Ltd (COAL.NS). The proposal calls for the sale of up to 1.5% of the company's ...

Go First Extends Flight Cancellations Until June 4 As Financial Challenges Persist

Go First, the crisis-hit budget carrier, has announced the extension of flight cancellations until June 4, as uncertainties loom over its future operations. The decision to prolong the grounding of flights comes as the airline continues to grapple with financial challenges ...

CIL Coking Coal Output Grows 17 Per Cent To 56.6 MT In FY23

The production of coking coal by Coal India Ltd (CIL) rose by 17.2 per cent year-on-year (y-o-y) to 54.6 million tonnes (MT) in 2022-23. The state-owned miner had produced 46.6 MT coking coal during the preceding 2021-22 fiscal, it said in ...

Navratna Power Stock To Consider Dividend, Anand Rathi Says Buy For 28% Return

Leading power sector stock, NLC India Ltd is all set to consider declaration of interim dividend, if any for the financial year 2022-23. Brokerage firm Anand Rathi has assigned buy call to NLC India with a target price of Rs 100 ...

Coal News