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Coal India's supply to non-regulated sector rises 31%

"Even as CIL supplies to the country s power sector exceeded the projected commitment, the company supplied an all-time high volume of 98 million tonnes to non-regulated sector consumers till December," the maharatna firm said in a statement. ....

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Should Coal India's investors worry after a 65% rally?

Proxy play on power and surging e-auction premium lift CIL’s outlook even after shares hit a new 52-week high for the second consecutive day on Tuesday ....

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Uday A Kaole appointed chairman-cum-managing director of Coal India arm MCL

Kaole brings with him 36 years of rich technical and administrative experience in the coal mining sector. He has a long experience of working in challenging underground coal mines operations, as well as in the opencast mines, MCL said in a statement. ....

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mining: Sops for underground mining in the works, says Mines Minister Pralhad Joshi

"Underground (UG) mines are being bid out under commercial auction regime. This idea is to produce at least 10% of India s coal production from UG mining by 2030. The coal ministry is also considering rebate in revenue share, upfront amount and performance bank guarantee for UG coal blocks to be auctioned for commercial mining in order to promote sustainable mining," the Minister said. ....

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capex: Coal India's capex rises 7.6 per cent in April-November period

In the first eight months of the fiscal year, Coal India Ltd s capital expenditure rose by 7.6% to Rs 10,492 crore from the previous year s Rs 9,751 crore, reported in a BSE filing. The company aims to hit 80% of its Rs 16,500 crore capex target by December s end, largely focusing on strengthening coal evacuation infrastructure, with significant investments in railway sidings, coal handling plants, roads, and machinery procurement. Diversification projects and joint ventures also contributed to the expenditure. ....

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