Ranchi, Jan 2 (IANS) Illegal coal mining is rampant in Jharkhand, with around 720,000 tonnes of the mineral being smuggled every year and causing a massive revenue loss of up to Rs.600 crore, an official said Saturday.
Around 18,000 people are involved in the illeggal mining activities, transporting the coal on cycles, the official added.
‘This [...]
Kolkata, Oct 15 (IANS) State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective from Oct 16, the company said here Thursday.
‘Such increase is being effected after a gap of almost two years. The last price revision took place on December 13, 2007,’ [...]
New Delhi, Oct 13 (IANS) India’s coal production in the first half this fiscal was 184.4 million tonnes, against 167.8 million tonnes produced in the corresponding period last year, reflecting a 9.9 percent growth.
This was stated by Minister of State for Coal, Statistics and Programme Implementation Sriprakash Jaiswal after a review of the performance of [...]
Kolkata, Oct 6 (IANS) Coal India Limited (CIL), the country’s biggest miner, saw its gross profit dip by about 20 percent in the first half of the current fiscal despite a 9.9 percent leap in production, according to the figures it released Tuesday.
CIL chairman Partha Bhattacharyya told mediapersons here that the profit before tax (PBT) [...]
