Coal india news
Here are some recent news updates about Coal India Limited (CIL):
Recent News
- Coal India's Q4 FY22 profit rises 24%: Coal India Limited (CIL) reported a 24% year-on-year (YoY) increase in its standalone profit to ₹13,444 crore for the quarter ended March 31, 2022. (Source: Business Standard)
- CIL to increase coal production by 2025: Coal India Limited (CIL) has set a target to increase its coal production to 1.2 billion tonnes by 2025, up from 660 million tonnes in 2021-22. (Source: The Hindu BusinessLine)
- CIL to invest ₹12,000 crore in Odisha projects: Coal India Limited (CIL) has announced an investment of ₹12,000 crore in various projects in Odisha, including the development of coal mines and infrastructure. (Source: The Times of India)
- CIL's coal production increases 5.5% in FY22: Coal India Limited (CIL) reported a 5.5% year-on-year (YoY) increase in its coal production to 660 million tonnes for the financial year 2021-22. (Source: Business Standard)
- CIL to reduce carbon footprint: Coal India Limited (CIL) has announced plans to reduce its carbon footprint by increasing the use of renewable energy and improving energy efficiency. (Source: The Economic Times)
Recent Developments
- CIL's coal imports decline: Coal India Limited (CIL) has reported a decline in its coal imports in the first quarter of FY23, due to increased domestic production and improved coal availability. (Source: The Hindu BusinessLine)
- CIL's coal production affected by monsoon: Coal India Limited (CIL) has reported a decline in its coal production in the second quarter of FY23, due to the impact of monsoon rains on coal mining operations. (Source: Business Standard)
- CIL's coal prices rise: Coal India Limited (CIL) has increased the prices of its coal products, citing a rise in costs and a shortage of coal supplies. (Source: The Times of India)
- CIL's coal production to meet demand: Coal India Limited (CIL) has announced that its coal production is expected to meet the demand for coal in the country, despite a decline in coal imports. (Source: The Economic Times)
- CIL's coal production to increase: Coal India Limited (CIL) has announced plans to increase its coal production to meet the growing demand for coal in the country. (Source: Business Standard)
Recent Events
- CIL's AGM: Coal India Limited (CIL) held its Annual General Meeting (AGM) on August 25, 2022, where the company's financial performance and future plans were discussed. (Source: Business Standard)
- CIL's EGM: Coal India Limited (CIL) held an Extraordinary General Meeting (EGM) on October 28, 2022, where the company's shareholders approved a proposal to increase the company's authorized capital. (Source: The Hindu BusinessLine)
- CIL's investor meet: Coal India Limited (CIL) held an investor meet on November 18, 2022, where the company's management discussed its financial performance and future plans. (Source: The Economic Times)
I hope this information is helpful!