The government on Tuesday said of the 28 coal mining projects identified to be operated through mining operators-cum-developers, 18 mines have been awarded to leading private firms. The engagement of these mining developers-cum-operators (MDOs) promises to make substantial contributions to coal production, ensuring both enhanced output and operational excellence. "Initially, CIL (Coal India) identified 15 coal mine projects with a combined capacity of 168 MT (million tonnes) for MDO implementation. This number has now expanded to 28 projects (18 opencast and 10 underground mines) with a total capacity of 257 MT. As of today, 18 mines have been awarded to leading private parties, marking a significant milestone in this ambitious endeavour," the coal ministry said in a statement. The primary goal of engaging MDOs is to significantly increase coal production by streamlining operations, enhancing productivity, and reducing mining costs. These operators, selected through open global ..

Citizen Infoline Ltd. has an average target of 220.00 from 1 broker.

Citizen Infoline Ltd.

13 Aug 2024

40.93

-1.99%

CIL Allows Coal Supply Beyond Limit Amid Easing Demand, Record Stock

NDTV Profit

The simplification is meant to benefit the power plants which prefer to lift higher quantities of coal beyond their stipulated annual contracted quantity.

Citizen Infoline Ltd. is trading above its 200 day SMA of 35.3

Citizen Infoline Ltd.

07 Aug 2024

40.93

-1.99%

SAST

Citizen Infoline Ltd - 538786 - Closure of Trading Window

BSE India

Intimation of Board meeting and CLosure of Trading Window

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Citizen Infoline Ltd.

07 Aug 2024

40.93

-1.99%

Board Meeting

Citizen Infoline Ltd - 538786 - Board Meeting Intimation for Intimation Of Notice Of Board Meeting …

BSE India

Citizen Infoline Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2024 ,inter alia, to consider and approve Intimation of Notice of Board meeting to be held on 14.08.2024 for Unaudited Result Q3

pdf

Citizen Infoline Ltd.

05 Aug 2024

40.93

-1.99%

CIL, GAIL sign agreement to set up coal-to-synthetic natural gas project

Business Standard

State-owned CIL on Monday said it has entered into a joint venture agreement with GAIL (India) Ltd to set up a coal-to-synthetic natural gas project in West Bengal. While Coal India Ltd (CIL) will have 51 per cent shareholding in the joint venture, GAIL, the nation's largest gas transportation and distribution firm, will have 49 per cent. The joint venture will be incorporated as a private limited company. The initial paid-up share capital is Rs 1 lakh, CIL said in a BSE filing. The registered office of the joint venture will be in West Bengal and CIL and GAIL each will have the right to nominate three executives as directors of the JV. Earlier this year, the Cabinet Committee on Economic Affairs had approved setting up a coal-to-synthetic natural gas project through a joint venture between CIL and GAIL, and a coal-to-ammonium nitrate project through a venture between CIL and BHEL. CIL will set up two coal gasification plants as part of efforts to achieve the target of 100 MT coal

Citizen Infoline Ltd. has an average target of 220.00 from 1 broker.

Citizen Infoline Ltd.

10 Jul 2024

40.93

-1.99%

State-owned CIL firms up coal gasification joint venture plan with Bhel

Business Standard

In May 2024, CIL and Bhel joined hands to set up BCGCL as a joint venture. CIL holds 51 per cent stake while Bhel has 49 per cent

Citizen Infoline Ltd. is trading above its 200 day SMA of 35.3

Citizen Infoline Ltd.

09 Jul 2024

40.93

-1.99%

Contractual mining, mechanization key to record coal stock: CIL CMD

Business Standard

Our output of 189 MTs in the first quarter of the current financial year was around 14 MTs more compared to last year's same quarter, giving us the leverage to step up our supplies, Prasad said

Citizen Infoline Ltd. is trading below its 30 day SMA of 43.3

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Buy 42.86%

Hold 57.14%

RESEARCH REPORTS

79.05% Gain from 52W Low

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