The country's coal production rose by 6.48 per cent to 384.08 million tonne (MT) in the first five months of the ongoing fiscal. The production was 360.71 MT in April-August FY24. The figures for the period under review are provisional. The production of CIL, which accounts for over 80 per cent of the domestic coal output, rose to 290.39 MT during April-August FY25, marking a growth of 3.17 per cent year-on-year, the coal ministry said in a statement. Coal production from captive and other entities rose to 68.99 MT in April- August FY25 from 52.84 MT a year ago. The cumulative coal dispatch up to August was at 412.07 MT against 391.93 MT during the same period of FY24.

Citizen Infoline Ltd. has gained 20.14% in the last 1 Week

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CIL's contribution to govt exchequer rises 2% to Rs 20,072 cr in Apr-Jul

Business Standard

Coal India's contribution to govt exchequer rises 2 pc to Rs 20,072 cr in Apr-July

Citizen Infoline Ltd. has gained 20.14% in the last 1 Week

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21 Aug 2024

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CIL actively pursuing acquisition of critical minerals, says chairman

Business Standard

Coal India on Wednesday said it is actively pursuing acquisition of critical minerals, including lithium, in the domestic market and overseas and stressed that it would continue to take part in the auction of such blocks. Critical minerals, including lithium, play a crucial role in the production of clean energy technologies, from wind turbines to electric cars. They are particularly in demand for the production of batteries for electric cars. "With an objective to reduce the import dependence of critical minerals like lithium, cobalt, CIL is actively pursuing acquisition of these mineral assets in India and abroad," Coal India Ltd (CIL) Chairman P M Prasad said during 50th Annual General Meeting of the company. CIL, he said, will continue to participate in e-auction of critical mineral blocks offered by the mines ministry. CIL has successfully opened its account in domestic critical mineral asset, emerging as the preferred bidder for Khattali Chotti graphite block in Alirajpur ..