Your question: Who is the owner of Coal India?

Who owns Coal India?

In April 2011, CIL was conferred the Maharatna status by the Union Government of India, making it one of the seven with that status. As of 14 October 2015, CIL is owned primarily by the Union Government of India who controls its operations through the Ministry of Coal.

Who is the chairman of Coal India?

Pramod Agrawal

Who is the promoter of Coal India?

The Shareholding Pattern page of Coal India Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc.

PREMARKET.Shareholding Pattern – Coal India Ltd.Holder’s NameNo of Shares% Share HoldingNoOfShares6162728327100%Promoters407563455366.13%Ещё 7 строк

Is Coal India a government company?

Coal India Ltd (CIL) is a ‘Maharatna’ Public Sector Undertaking under Ministry of Coal Government of India with headquarters at Kolkata West Bengal. CIL is the single largest coal producing company in the world and one of the largest corporate employers.

Does Coal India give pension?

As a result, even chairman and managing directors of state-owned coal companies, such as CIL, who retired before 1997 are receiving a monthly pension of only Rs 1,000-Rs 3,000 per month.

IT IS INTERESTING:  You asked: How much money does Australia make from coal exports?

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.

Which is the oldest coal mine in India?

Raniganj coalfield

Which is the biggest coal mine in India?

Jharia coalfield

Who first used coal?

The earliest known use of coal in the Americas was by the Aztecs who used coal for fuel and jet (a type of lignite) for ornaments. In Roman Britain, the Romans were exploiting all major coalfields (save those of North and South Staffordshire) by the late 2nd century AD.

Who are the shareholders of SBI?

Listings and shareholdingShareholdersShareholdingPromoters: Government of India56.92%FIIs/GDRs/OCBs/NRIs10.94%Banks & Insurance Companies10.63%Mutual Funds & UTI13.72%Ещё 2 строки

Who is promoter of ONGC?

After a rap from market regulator Sebi, Hindustan Petroleum Corp Ltd (HPCL) has re-filed shareholding pattern of the company for last six quarters, listing its majority owner Oil and Natural Gas Corp (ONGC NSE 2.59 %) as a ‘promoter’.

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.

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.

IT IS INTERESTING:  How is coal mining bad for the environment?

Is Coal India a monopoly?

NEW DELHI: In its fourth tranche of stimulus, the government on Saturday announced a slew of reforms to bring in investments in India. Among them is the commercialisation of coal. This would mean the monopoly of Coal India will be over. … Any party could bid for coal blocks and sell in the open market, the FM said.16 мая 2020 г.

Coal mine