Secretary, Department of Investment and Public Asset Management posted on X, “Government has respectively received about Rs 1556 crore and Rs 88 crore from Coal India Ltd and BHEL as dividend tranches”.
In the current fiscal year, GeM procurement has already reached Rs 23,798 Crore as of September 14, exceeding the annual target for FY’ 2023-24 of Rs 21,325 Crore within the second quarter itself, read the Ministry of Coal press release.
Chhattisgarh-based Coal India Subsidiary, SECL will provide free residential medical coaching to students of Class 12th, announced the Ministry of Coal on Tuesday.
Coal India’s subsidiary South Eastern Coalfields (SECL) will invest Rs 169 crore on plantation in Chhattisgarh and Madhya Pradesh over the next five years, a Ministry of Coal release said Wednesday.
South Eastern Coalfields Ltd (SECL) will develop solar power projects totalling 600 MW capacity in the coming years as part of the company's strategy to expand and diversify its business and achieve the "Net Zero Energy" goal.
The central government will sell 92.44 lakh shares of Coal India, representing 0.15 per cent of the total equity share of the company, to its eligible employees via Offer For Sale route.
The production of Coal India (CIL) increased 59.94 MT in May 2023 as compared to 54.72 MT in the year-ago period with 9.54 per cent growth, according to a statement from the ministry of coal.
The government has decided to divest 3 per cent equity including a green shoe option of 1.5 per cent. The floor price for the two-day issue has been fixed at Rs 225 per share.
Coal India's (CIL) profit after tax (PAT) for financial year 2022-23 posted a massive 62 per cent growth at Rs 28,125 crores compared to Rs 17,378 crores of 2021-22, thereby sustaining strong financial fundamentals.
India's coal production has made a new record for highest-ever production during the month of April 2023, achieving 73.02 million tonnes (MT) with a yearly growth of 8.67 per cent.
India's coal production increased by 12.03 per cent to 107.84 MT in March this year from 96.26 MT as compared to March in 2022, said the Ministry of Coal on Thursday.