Articles Tagged "Coal India"

Coal India Strike Could Soon Cause Blackouts

Coal – According to Quartz India, a massive strike by unionized workers at state run Coal India (NSE:COALINDIA) is already having massive repurcussions. According to the outlet, production and dispatches from the company have already fallen by roughly 60 percent.

Coal India Workers to Strike in January

Coal – Four coal workers' federations representing workers at Coal India (NSE:COALINDIA) have voted to go on a five-day strike from January 6 in protest of moves by the government to "denationalize and privatize the coal mining sector." The Centre of Indian Trade Unions (CITU) issued a statement in support of the strike on Wednesday.

Coal India Trade Unions Threatening Strike

Coal – Despite Indian Prime Minister Narendra Modi's best efforts, trade unions that represent most workers at Coal India (NSE:COALINDIA) are still planning to go on an indefinite strike, according to the Economic Times. The unions oppose a government decision that might open up the sector to commercial mining. Currently, the behemoth state run Coal India is the only entity allowed to sell coal on the open market in that country.

Coal India to Double Coal Production by 2019

Coal – Coal India (NSE:COALINDIA), the country's state run behemoth, is looking to increase its coal production to one billion tonnes by 2019. According to the Hindu, Power Minister Piyush Goyal said at the India Economic Summit that he saw production increasing, adding that the government would also increase investments into renewable energy.