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Coal India Q4 net profit surges 46 per cent to Rs 6,715 crore

State-run Coal India Limited on Wednesday reported Rs 6,692.94 crore net profit for the quarter ended March 2022 as compared to Rs 4,586.78 crore in the corresponding period of the last year, registering a year-on-year growth of 45.91 per cent.

Coal India Q4 net profit surges 46 per cent to Rs 6,715 crore

Coal India Q4 net profit surges 46 per cent to Rs 6,715 crore
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Aluminium industry is still grappling with coal shortage Here s what industry insiders have to say

Coal India Diversifies Into Solar Energy Generation, Signs Its First Power Purchase Agreement

Coal India Diversifies Into Solar Energy Generation, Signs Its First Power Purchase Agreement Solar panels. In its maiden venture into solar power, the world’s largest coal-producing company Coal India Limited on Friday (23 April) signed its first power purchase agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) for the sale of 100 MW solar power. Coal India plans to invest nearly Rs 13,500 crore in solar power projects. The company has rolled out a plan for 3,000 MW of solar power generation by 2024. Solar power generation stands a priority for the company as it looks at diversification. To accelerate its diversification with entry into production of renewable energy, Coal India added two fully owned subsidiaries to function as SPVs, reports

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