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Coal first to power
Posted on 22nd May 2018
Calcutta: Indian Railways will prioritise the loading of coal for supply to thermal power plants till June-end in a bid to address the fast depleting stock at the generating units.

At the request of the power ministry, the railways through a May 18 circular gave a higher priority to power plants, effective from May 19 till June 30, 2018.

Coal imports seen rising on transport constraints
Posted on 16th May 2018
Contrary to the Centre’s plan to bring down coal imports, industries are seen to be sourcing more coal from foreign countries in FY19, thanks to the unresolved issue of inadequate transport mechanism to ferry the fuel from the mines to the manufacturing plants. “Coal import trend is expected to continue as power, cement and steel industries are expected to witness improvement in demand and capacity utilisation,” CARE Ratings said on Tuesday.

Coal India to transfer 4,000 executives every year, 20,000 every five years
Posted on 10th May 2018
Coal India has decided to transfer each of its 20,000-odd executives every five years in an effort to improve their skill sets and prevent external parties from forming a nexus with employees.

The policy would lead to 4,000 transfers every year on an average. “The new transfer policy has just been implemented and will allow executives to enhance their experience in a number of fields,” a senior Coal India executive told ET.

Coal mine auction drill
Posted on 7th May 2018
New Delhi: The Narendra Modi-government will be putting up for auction a score of coal mines by June-end this year after tweaking some rules, besides starting work on the auctioning of around 288 iron ore and other mineral-bearing mines in the next financial year.

Top coal ministry officials said the coal auctions would be held by the end of June after incorporating changes in the way the previous auctions were held. The changes have been approved after an inter-ministry consultation.

Coal India output up
Posted on 3rd May 2018
Calcutta: Coal India has registered a 16.7 per cent growth in production in April along with rising offtake and increased rake loading.

The coal mining public sector undertaking produced 44.84 million tonnes (mt) of coal in April 2018, an increase of 6.4mt compared with 38.44mt produced in April 2017.

Coal India's new GCV-based billing system for consumers likely from July
Posted on 27th April 2018
After postponing the introduction of the new Gross Calorific Value (GCV)-based billing mechanism for consumers, earlier scheduled for this month, Coal India is expected have the new system in place by July.

The government-owned behemoth was to have switched to charging of consumers on this globally adopted system from April 1. Issues related to sampling and the billing procedure forced a postponement by a fiscal quarter.

Suresh Kumar assumes additional charge as Coal India CMD
Posted on 23rd April 2018
New Delhi: Senior bureaucrat Suresh Kumar on Monday assumed the additional charge as chairman and managing director (CMD) of state-owned Coal India Ltd.

Kumar, additional secretary with the coal ministry, has taken over from Central Coalfields Ltd CMD Gopal Singh, who was appointed as interim chairman of the world’s largest coal miner in September last year.

CIL to get a new boss
Posted on 21st April 2018
Calcutta: Coal India could see another rejig at the top, eight months after the Centre appointed an interim head for the public sector miner.

Senior bureaucrat Suresh Kumar is likely to be the new acting chairman and managing director of Coal India.

Coal India likely to get its third chairman in eight months in Suresh Kumar
Posted on 20th April 2018
Senior bureaucrat Suresh Kumar is likely to be the new acting chairman and managing director of the world's largest coal miner CIL.

He will replace Gopal Singh who was given the additional charge as CMD of the maharatna firm in September last year.

Coal India Limited operations unaffected by protest call by CITU, says government
Posted on 17th April 2018
To ensure smooth operations, CIL management put a multi-pronged plan into action at all company mines in the wake of yesterday’s protest call given by trade union CITU against commercial mining, the government today said. Four central trade unions of CIL had served notice to go on a one-day strike on April 16, protesting against the commercial coal mining.

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