In an interview with Business Standard, CIL Chairman Singayapally Narsing Rao attributes the performance to volume growth but adds a decision on price hike will be taken at an appropriate time.
This follows finance minister's directive that PSUs should not fall short of the announced intention to invest.
CMD designate says company will do everything to meet the presidential directive.
The newly appointed CMD at Coal India has a tough road ahead.
Telangana government is all set for the week-long celebrations to observe Formation Day on June 2, marking one year of formation of the new state.
'A robust electoral democracy provides the institutional basis for the generation and regeneration of political hope.'
Power firms can pass on burden to consumers, stocks rise up to 2%
The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.