Coal India’s provisional coal production in May 2023 rose by 9.5 per cent on a Year on Year (YoY) basis to 59.9 million tonnes from 54.7 million tonnes produced in the same month last year.
GOCL Corporation Limited along with IDL Explosives Limited, a wholly-owned subsidiary, have bagged orders from Coal India Limited, a Government of India Undertaking to be supplied over a period of 2 years i.e. from June 2023 to May 2025.
Coal India Limited is hoping to conclude the eleventh version of the national coal wage agreement i.e., NCWA-XI, within a month, benefitting its 2.38 lakh strong nonexecutive manpower. The next round of talks are scheduled on 19th May.
The Board of Directors of Coal India Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.