Coal India’s management has been aiming to lift prices for months amid higher costs of diesel and after it finalized a 19% salary increase for its non-executive staff, an agreement that will lift an annual wage bill that was about $4.9 billion in 2022.
World’s Top Coal Miner Hikes Prices as Wage Bill Surges
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Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of India. It is headquartered at Kolkata. It is the largest government-owned-coal-producer in the world. It is also the seventh largest employer in India with nearly 272,000 employees.
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Coal India Limited (CIL) is the world’s largest coal mining company and produces 84 percent of India’s thermal coal. [2] Most coal is sold to power producers, predominantly under fuel...
Coal in India has been mined since 1774, and India is the second largest producer and consumer of coal after China, mining 777.31 million metric tons (856.84 million short tons) in FY 2022. Around 30% of coal is imported.
MUMBAI, May 6 (Reuters) - India is planning to reopen more than 100 coal mines previously considered financially unsustainable, as a heatwave-driven power crisis forces the world's...
BENGALURU, May 31 (Reuters) - The Indian government is proposing to sell up to a 3% stake in state-owned miner Coal India Ltd (COAL.NS), it said in a filing on Wednesday. The proposal includes a ...
Coal India Ltd., the world’s biggest miner of the fuel, raised prices for the first time in five years to offset an increase to its $5 billion wage bill. Prices of the top nine grades of thermal ...
Get the latest Coal India Ltd (COALINDIA) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
India released its five-year energy plan May 31, 2023, which bars the country from building any new coal power plants and promotes renewable energy development. India is the world’s third ...
Coal India Ltd. is a holding company, which engages in the production and sale of coal. Its products and services include coking coal, semi coking coal, non-coking coal, washed and...
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Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of India. It is headquartered at Kolkata. It is the largest government-owned-coal-producer in the world. It is also the... Wikipedia
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