On Friday, the coal ministry will host a high-level Investors’ Meeting to encourage private-sector investment. Coal Minister Pralhad Joshi will kick off the event, which will take place in Mumbai. “Joshi will hold a high-level Investors’ Meet in Mumbai on May 6, 2022, focusing on the topics of ‘Launching of closed/discontinued coal mines of Coal […]
Former coal secretary Anil Swarup remarked on April 30 that the coal crisis will return unless long-term solutions such as expanding Coal India’s production are found, as electricity shortages continue to plague significant portions of the country. “Coal is on fire again and will keep catching fire if long-term solutions are not found. We missed […]
The Delhi administration warned on Thursday of a possible setback in delivering uninterrupted energy to essential institutions in the capital, including Metro trains and hospitals, amid a worsening coal shortage. Satyendar Jain, the Power Minister, convened an emergency meeting to examine the situation and wrote to the Centre, urging that additional coal be made available […]
Ajit Pawar, Maharashtra’s Deputy Chief Minister, stated on Friday that the state’s government has chosen to purchase coal from outside the nation to help alleviate the state’s current load shedding situation. He further stated that efforts were being made to get one coal mine in Chhattisgarh awarded to Maharashtra’s power department. Pawar told reporters that […]
Shares of Coal India (CIL) hit an over two-year high of Rs 205.55, up 4 percent on the BSE in Wednesday’s intra-day trade, surging as much as 10 percent in the past three trading days on the expectation of strong earnings. The stock of state-owned mining company traded at its highest level since January 2020. […]
Shares of Coal India (CIL) surged 7 per cent to Rs 198 on the BSE in Thursday’s intra-day trade. The stock has rallied 32 per cent in last four trading sessions on improved outlook amid rising commodity prices. The stock of state-owned company now traded close to its 52-week high of Rs 203.85 registered on […]
