Coal India Q2 Net Profit Rs 84.91 Bn Declares Rs 5.6 Dividend

28 Jan 2025 CW Team

Coal India reported a profit of Rs 84.91 billion for the October-December quarter of the current financial year, reflecting a 17.5 per cent decline from Rs 102.91 billion in the same period last year.

The company announced a second interim dividend of Rs 5.6 per equity share for the financial year 2024-25, based on a face value of Rs 10 per share. The record date for the dividend has been set for January 31, 2025, with the payment scheduled by February 26, 2025.

For the preceding quarter ending September 30, 2024, Coal India reported a consolidated net profit of Rs 62.89 billion, a 22 per cent decrease from Rs 80.49 billion in the same quarter of the previous year. The company had declared a dividend of Rs 15.75 per share during that period.

As Coal India celebrates its 50th anniversary, it has achieved an 8.7-fold increase in production, from 89 million tonnes (MT) in 1975-76 to 773.6 MT in FY 2024. The company supplies 80 per cent of its coal to coal-based power plants at competitive rates, playing a significant role in keeping power prices low.

Despite a substantial reduction in its workforce, which has dropped from 6.75 lakh employees to 2.25 lakh, Coal India’s production has experienced substantial growth. In December 2024, India’s total coal production, led by Coal India, grew by 5.33 per cent, reaching 97.94 MT compared to 92.98 MT in December 2023. News source: ET Energy

Infrastructure Energy

17 Sep 2025

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..