How many employees does Coal India have?
How much coal does India use?
Coal Consumption in India
India ranks 2nd in the world for Coal consumption, accounting for about 84.8% of the world’s total consumption of 1,139,471,430 tons. India consumes 729,540 cubic feet of Coal per capita every year (based on the 2016 population of 1,324,517,249 people), or 1,999 cubic feet per capita per day.
Who is the owner of Coal India?
Государственный строй Индии70.96%
How much pension do Coal India employees get?
“Whereas even the lowest-level employees of both the PSUs — CIL and SCCL — retiring today get more than Rs 10,000 per month as pension due to increase in salary in 2007 and 2017 pay revision for executives and different NCWA (National Coal Wage Agreement) over the last 20 years,” the statement said.
What Is the Future of Coal India?
Coal use is anticipated to increase 3.8 per cent in 2021. In the medium term (to 2025), India has one of the highest potentials to increase coal consumption as electricity demand rises and more steel and cement are required for infrastructure projects, as per the International Energy Agency said.
Who is the CEO of Coal India Limited?
Pramod Agrawal (Feb 1, 2020–)
Which is the biggest coal mine in India?
What country has the most coal power plants?
Does India use coal?
In 2018, India’s coal consumption increased to an estimated 1,037 million short tons, up 3% from 201739 (Figure 6). India’s coal consumption, the second-largest in the world behind China, is driven by the power sector, which makes up about two-thirds of consumption, iron and steel industries, and cement production.
Is Coal India a good buy?
Coal India has net cash of Rs 23,000 crore putting it in a comfortable position. … The brokerage firm has a ‘Buy’ call on the stock with a fair value of Rs 195. On the other hand Motilal Oswal has a target price of Rs 190 apiece.
Will Coal India be Privatised?
Coal India will not be privatised, and it is given the target of producing one billion tonne coal by 2023,” he said. … Rs 50,000 crore would be invested for coal and mines infrastructure development, while priority would be for local players, he said.
What is the full form of coal?
CIL stands for Coal India Limited. It is a state-owned coal mining corporation which was established in November 1975. In the year of its inception, it produced around 80 Million Tonnes (MTs) of coal and today It is the largest coal producer in the world. It is headquartered in Kolkata, West Bengal.
How long coal will last in India?
There will be no restriction on the sale and utilization of coal from these mines. India’s coal requirement is expected to go up to 1,123 million tonnes (mt) by 2023 from the present levels of around 700 mt. The earlier plan was to mine 1.5 billion tonnes of coal by 2020.
What is the salary of Mining Sirdar?
What is the maximum pension under EPS 1995?
India had introduced the Employees Pension Scheme (EPS) in 1995, under which an employer was supposed to contribute 8.33% of the employee’s salary in a pension scheme. However, the contribution was capped at 8.33% of Rs 6,500 (or Rs 541 per month).