Maharatna CPSEs under the Ministry of Power have signed a Memorandum of Loan Agreement with SJVN Thermal Private Ltd. for financing 2x660 MW coal based Buxar Thermal Power Plant . The MoA was signed. | October 19, 2022
REC Ltd has been accorded the status of a Maharatna central public sector enterprise (CPSE), thus giving it greater operational and financial autonomy.
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CIL s coal allocation to power sector under e-auction drops 28% in April
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Last Updated: May 25, 2021, 09:08 PM IST
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Synopsis
Coal distribution through forward e-auction is aimed at providing access to coal for such consumers who wish to have an assured supply over a long period, say one year, through e-auction mode so as to plan their operation.
Reuters
State-owned CIL s coal allocation under special forward e-auction for the power sector dropped 27.9 per cent to 2.19 million tonnes (MT) last month.
Coal India Ltd (CIL) had allocated 3.04 MT of coal in April last year, according to the latest monthly summary by the coal ministry for the Cabinet.
SAIL clocks best quarterly sales at 4.27 MT during Jan-Mar qtr
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Last Updated: Apr 02, 2021, 03:09 PM IST
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Steel Authority of India Ltd (SAIL) clocked its best-ever quarterly sales at 4.27 million tonnes (MT) during the March quarter of the last fiscal year, up 14 per cent over the year-ago period.
Steel Authority of India Ltd (SAIL) clocked its best-ever quarterly sales at 4.27 million tonnes (MT) during the March quarter of the last fiscal year, up 14 per cent over the year-ago period. The domestic steel giant s crude steel production too increased by 6 per cent during the quarter to 4.55 MT. (SAIL), the Maharatna PSU, has recorded its best-ever quarterly performance in both production and sales during Q4 FY 21, the company said in a statement. The company had clocked 3.74 MT sales and 4.31 MT crude steel output during the January-March quarter of fiscal 2019-20.