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Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last year. For the current financial year, the overall production for Coal India stood at 610.3 MT, which is 78.2% of its full-year production target of 780 MT.
 
Majority of the growth in production came from Eastern Coalfields and Central Coalfields. Mahanadi Coalfields, which has the highest production share among Coal India’s subsidiaries saw production rise by 8.1% from last year. On a year-to-date basis, barring Mahanadi Coalfields, Northern Coalfields and North-Eastern Coalfields, all of Coal India’s subsidiaries have grown between 12% to 30%.
 
For the year so far, Coal India’s production has grown by 11% year-on-year.
 
Coal India’s offtake in January grew by 4.8% to 67.6 MT, while on a year-to-date basis, offtake has grown by 8.3% to 619.5 MT.
 
Shares of Coal India are trading 0.5% lower at ₹404.30. The stock is trading close to its all-time high. 2023 was the best year in terms of share price returns for the stock, when shares went up by over 60%.
Source: CNBCTV18


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Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.   ...


Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
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Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts. &nb ...


Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
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Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...


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