Coal industry news and business reports.

Western Coalfields asks FSA consumers not to import coal
Thu, 09 Jul 2020 00:00:00 GMT
According to the notice the decision was taken at a recent Coal India functional directors meet for non-power consumers holding valid supply agreements with coal companies.


Coal India arm terms workers strike illegal, to deduct 8-days ...
Wed, 08 Jul 2020 00:00:00 GMT
It is noted that the employees...have participated in this illegal strike, which is violation of rule 26.10 of the certified standing orders of the MCL. In view of this misconduct on their part, eight days wage deduction as per section 20 of the Code on Wages Act, 2019, is hereby ordered for this act of participation in the illegal strike, Mahanadi Coalfields Ltd (MCL) said in a notice.


COVID19 Delays ZimCoke-Zisco Deal
Tue, 07 Jul 2020 22:54:00 GMT
The Chronicle reported that COVID19 pandemic has resulted in the prolonged delays in finalising the deal between ZimCoke and the now defunct steel giant, Zisco. ZimCoke Private Limited purchased


Covid-19 delays ZimCoke-Zisco deal
Tue, 07 Jul 2020 15:47:00 GMT
Michael Magoronga, Midlands Correspondent THE disruptive Covid-19 pandemic has resulted in the prolonged delays in finalising the deal between ZimCoke and the now defunct steel giant, Zisco. The


Coal India unions plans another strike against pvt competition
Mon, 06 Jul 2020 00:00:00 GMT
A company executive said that during the strike, sales fell 39%. The company was unable to sell 2.6 million tonnes, which is worth at least Rs 400 crore. Unions have called for the next strike on Aug 18, which is the last date for submitting bids for commercial coal mining.


Trade unions to mobilise people to build public opinion against ...
Sun, 05 Jul 2020 00:00:00 GMT
The unions, including RSS-affiliated Bharatiya Mazdoor Sangh (BMS), of Coal India have also decided to go for a day's strike on August 18, the last date for submitting bids for the auctioning of 41 blocks.


Auction process of coal blocks witnesses good start; 1,140 entities ...
Sun, 05 Jul 2020 00:00:00 GMT
The statement assumes significance in the wake of apprehensions of the Jharkhand government that investors will not come for the auction of commercial coal mining due to coronavirus pandemic.


Coal production nil in most mines during 3-day strike: Trade ...
Sat, 04 Jul 2020 00:00:00 GMT
Five trade unions, including RSS-affiliated Bharatiya Mazdoor Sangh (BMS), of Coal India (CIL) have been on strike since Thursday to protest against the government's decision to start commercial coal mining.


Coal Indias output falls as workers began a three-day strike ...
Thu, 02 Jul 2020 00:00:00 GMT
Attendance of workers fell to 20% in Coal India and 17% at Singareni Collieries Company Ltd but executives attended office. Production and despatches at many mines of CIL subsidiaries including Mahanadi Coalfields, Central Coalfields and Bharat Coking Coal were affected due to the strike while some mines of Eastern Coalfields were operational,.


Repayment of settlement dues by state firms to CIL subsidiary
Wed, 01 Jul 2020 00:00:00 GMT
Settlement of recent dues by state firms to Coal India Limiteds subsidiary Bharat Coking Coal Ltd has helped improve its financial position and ability to repay loans by the end of this fiscal year, company executives said.



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