Despite NTPC chairman R S Sharma’s exclamation that the PSU’s thermal power plants are not suffering from a shortage of coal, the power ministry is reporting that 40 per cent of the navratna company’s power plants have reached a critical stage of shortage. For full story, click here
Continue reading "40% of NTPC's Plants are Critically Short of Coal"
Wednesday, July 15, 2009
Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic partners for undertaking coal mining activities in foreign countries. For full story, click here
Continue reading "Coal India has invited EOI for Coal Mining in Foreign Countries"
Wednesday, June 17, 2009
Indicating the Government’s will to go ahead with disinvestment, the Coal Ministry is working on a plan to disinvest 5-10 per cent stake in state-run Navratna company Coal India Ltd. This could pave the way for listing of the country’s leading producer of dry fuel. Minister of State for Coal, Shriprakash Jaiswal, stated: I have [...]
Continue reading "Coal Ministry has considered disinvestment in CIL"
Thursday, March 19, 2009
After obtaining mineral concessions for two mining blocks in Mozambique, Navratna public sector unit Coal India has now set its eyes on coal assets in Australia. For full story, click here
Continue reading "Coal India has set its eyes on mining assets in Australia"
Tuesday, March 10, 2009
Mozambique has awarded Navratna PSU Coal India with mineral concessions for two mining blocks with an estimated coal reserve of about one billion tonnes. National Director of Mines, Eduardo Alexandre, said: We have awarded Navratna PSU Coal India CIL mineral concessions in the northwestern province of Tete. The next thing now is to sit down [...]
Continue reading "India's CIL awarded with Coal Concessions"
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Tuesday, August 4, 2009