Punjab coal supply remains adequate for the state’s power plants, according to the Ministry of Coal. The Centre has rejected reports that linked lower thermal power generation in Punjab to coal shortages. PSPCL plants held coal stocks at around 117% of their normative requirement as of September 4, 2026. Punjab Coal Supply Remains Above Normative […]
Eastern Coalfields Limited (ECL) is targeting 81 million tonnes (MT) of coal production by 2034–35. The company is building its growth plan around higher productivity, mine-specific strategies, technology adoption and tighter cost control. ECL CMD Shri Satish Jha outlined the roadmap and the company’s recent performance at a press meet at its headquarters in Sanctoria, […]
The MCL IPO has moved forward after Coal India Limited (CIL) filed the Draft Red Herring Prospectus (DRHP) for the proposed public offering of its wholly owned subsidiary, Mahanadi Coalfields Limited (MCL). The proposed IPO will comprise an Offer for Sale (OFS) of up to 66.18 crore equity shares held by Coal India. MCL IPO […]
The BCCL Projects portfolio was reviewed by Advisor to the Prime Minister Shri Tarun Kapoor during his two-day visit to Dhanbad. The review covered mining operations, major projects, technology, safety measures and future growth plans at Bharat Coking Coal Limited (BCCL). BCCL Projects Focus on Production and Growth The review of BCCL Projects covered coal […]
In spite of challenges to operational margins, coal company Coal India Limited (CIL) posted a small increase in consolidated net profit for the first three months of fiscal year 27 (Q1 FY27) on Monday. The net profit for the quarter ending June 30, 2026, which was ₹8,852 crore, was up 0.6% year-on-year from ₹8,797 crore […]
As part of his extensive field engagements in the last quarter of the fiscal year, Harish Duhan, chief management director of South Eastern Coalfields Limited (SECL), visited the Bishrampur Area on 15 February 2026 for a detailed inspection. The first stop on the CMD’s tour was the Amgaon Open Cast Project, where he or she examined […]
Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, the largest coal-producing PSU, has asked its workers to increase output in the last quarter of the current fiscal year in order to close the achievement gap that resulted from the December quarter’s cumulative output falling short. According to ECL CMD Satish Jha’s statement on the […]
Union Minister of Coal and Mines G. Kishan Reddy has launched a new uniform, a Corporate Salary Package (CSP), and enhanced ex-gratia benefits for the Coal India workforce. The CSP aims to provide modern banking services and financial stability, including Rs 1 crore personal accident insurance for regular employees and Rs 40 lakh for contract […]
India’s top public sector companies in the financial, power and energy sectors have recorded a robust growth in profit during the January-March quarter of 2024-25, which is expected to further strengthen the government’s fiscal position. The country’s largest lender, State Bank of India (SBI), and insurance giant Life Insurance Corporation of India (LIC) led the […]
