Search Result for : Bilaspur Based South Eastern Coalfields Limited

The Dollar Business Bureau The statutory organisation, Competition Appellate Tribunal (Compat), put to one side the Rs.1,773 crore fine imposed on the state-owned coal mining company, Coal India, for unfair business practices and asked Competition Commission of India (CCI) to thinkover the matter again. The tribunal has also set aside two more orders delivered by the CCI, that was in relation to Coal India, where the regulator did not enforce any fine. The instructions by CCI have been put down by Compat saying that CCI had not allowed the subject of natural justice when hearing them out. CCI had found that the state-run miner and its three divisions, Western Coalfields, Mahanadi Coalfields and South Eastern Coalfields, were taking undue advantage of their dominant position ...

The Dollar Business Bureau With India’s coal demand projection for 2019-20 standing at around 1,200 million tonne (MT), the Coal India Limited (CIL) is aiming at 1 billion tonne (BT) production mark for the similar period. CIL, a major public sector unit, has unveiled its roadmap of strategies to attain the said coal production target. While the projected coal demand of the country is expected to grow at the rate of 7%, the CIL is expecting a total contribution of 908 million tonnes from the projects that have been identified so far, said a recent release. And, the process of projects’ identification to share the balance quantity, to top up the one BT mark, is also underway, the release ...