CIL urged to prioritise coal production to reduce imports: Minister G Kishan Reddy

08 Nov 2024 CW Team

Union Minister G Kishan Reddy has called on Coal India Limited (CIL) to focus on ramping up domestic coal production and scaling up supply to reduce the country’s dependency on coal imports. CIL, which accounts for over 80% of India's domestic coal output, was highlighted as key to India’s energy security.

Speaking on the occasion of CIL’s 50th Foundation Day, Reddy praised the company’s efforts to improve workers' welfare, particularly through the introduction of Performance Linked Incentives for contractual workers, effective FY 2023-24.

The launch of commercial coal mining has brought transparency and ease of doing business to the sector, and Reddy expressed confidence that CIL has the capacity to compete in an open market environment. He also acknowledged the company’s diversification initiatives, including the establishment of a thermal power plant and its exploration into critical mineral acquisition.

Reddy emphasized that while coal will remain essential for India's energy needs, the country is making significant investments in renewable energy and addressing climate change. Coal Secretary Vikram Dev Dutt noted that CIL’s coal stocks at power plants have risen to 31.6 MT, a 68% increase from the previous year, primarily driven by CIL’s contributions.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..