Centre to offload up to 2% stake in Coal India through OFS, sets floor price at Rs 412 per share

In a posh to raise around Rs 5,000 crore for the exchequer, the government will sell up to a 2 per cent stake in Coal India through an offer for sale (OFS), with a floor price of Rs 412 per share, PTI reported.The sale comprises a base offer of 1 per cent equity and an […]

China coal mine blast: Over 80 killed after gas explosion in Shanxi; rescue operations for trapped under way

AI-generated image used for representation A gas explosion at the Liushenyu coal mine in Changzhi city in northern China has killed at least 82 people, AFP reported on Saturday.The explosion in northern China’s led to a major rescue operation after hundreds of workers were trapped underground, according to South China Morning Post.The blast took place […]

Germany is building a 364-metre world’s tallest wind turbine in a coal mine, and it could transform renewable power | World News

Germany is undergoing a historic industrial transformation, symbolised by the construction of a 364-meter-high wind turbine- the world’s tallest. This is an engineering feat built in a historically mined area, which marks both a monumental shift away from fossil fuels towards creating clean, renewable energy. By building at a minimum height of 364 meters, they […]

Coal India Appoints B. Sairam as CEO

New Delhi, December 26 (Udaipur Kiran) – Coal India Limited (CIL), the country’s largest coal-producing company in the public sector, has appointed Chairman and Managing Director (CMD) B. Sairam as its Chief Executive Officer (CEO). The decision was taken during the company’s board meeting held on Friday. CIL informed the Bombay Stock Exchange (BSE) that […]

Centre Empanels 18 Accredited Agencies to Fast-Track Coal Mine Exploration | Udaipur Kiran

New Delhi, November 28 (Udaipur Kiran): In a major step towards accelerating coal mining and strengthening self-reliance, the Central Government has expanded the scope of accredited prospecting agencies by including 18 private institutions in the list of authorised agencies. The Ministry of Coal said in a statement issued on Friday that 18 additional private companies […]

Nalco rises on planning JV partnership with Coal India, NTPC | Udaipur Kiran

National Aluminium Company is currently trading at Rs. 186.75, up by 1.95 points or 1.06% from its previous closing of Rs. 184.80 on the BSE. The scrip opened at Rs. 185.75 and has touched a high and low of Rs. 187.25 and Rs. 183.85 respectively. So far 105521 shares were traded on the counter. The […]

Coal Plant Ranked as Nation’s Dirtiest Asks for Pollution Exemption

The nation’s most polluting coal-burning power plant has asked President Trump to exempt it from stricter limits on hazardous air pollution after the administration recently invited companies to apply for presidential pollution waivers by email. The aging Colstrip power plant in Colstrip, Mont., emits more harmful fine particulate matter pollution, or soot, than any other […]