Backing from an unnamed investor will aid their expansion

Market changes and environmental penalties made the plants unprofitable

The researchers also provided financial data on coal versus renewable energy

Profits declined by 23 percent compared to the previous year

Coal prices and exports however, are expected to decline

The proposed budget will serve as compensation for utilities affected by their coal phase out efforts

The company refuses to go for long-term borrowing by issuing bonds

The country’s economy suffered a major hit due to global restrictions

Decline in coal demand led to mine closures and job loss

Coal India is also seeking help to expand local supply

The company resolves its legal issues with First Concept

The company reported a net loss worth billions

Coal sales to third parties in 1Q2020 remained roughly at the previous quarter's level

Revenues fell on reduced coal prices caused by the COVID-19 outbreak

However, cost declines are expected for the second quarter of the year

Utility seeks to invite global bids from projects in Jharkhand and in West Bengal over the current week

A number of mines on NRP's properties have been temporarily idled due to the current COVID-19 pandemic

Company has signed a contract for the sale of Module-1 of Samalkot Equipment

April sales and output declined on the year

Company currently in talks with banks to raise over INR 5 billion