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Who owns coal India?

Who owns coal India? In April 2011, CIL was conferred the Maharatna status by the Union Government of India, making it one of the seven with that status. As of 14 October 2015, CIL is owned primarily by the Union Government of India which controls its operations through the Ministry of Coal.

Which country is the largest producer of coal?

Leading hard coal producing countries worldwide in 2018 (in million metric tons)

Characteristic Production in million metric tons
China 3,530
India 730.3
United States 634.2
Indonesia 497.8

What is the full form of coal?

CIL stands for Coal India Limited. It is a state-owned coal mining corporation which was established in November 1975. In the year of its inception, it produced around 80 Million Tonnes (MTs) of coal and today It is the largest coal producer in the world. It is headquartered in Kolkata, West Bengal.

What is the largest coal company?

Largest coal mining companies of the world

Rank Company Revenue (billion USD)
1 BHP 43.6
2 Rio Tinto 40.7
3 China Shenhua Energy 37.6
4 Anglo American plc 27.7

Is Coal India a debt free company?

The company is the world’s biggest coal mining company, which is also cash rich and debt free. It is unlikely at least there are any threats to the business. Also, with the government facing a huge shortfall in revenues, Coal India maybe forced to pay a higher dividend this financial year.


Who is the biggest exporter of coal?

This number is only beat by the world’s largest coal exporter, Indonesia, which was responsible for the export of more than 450 million tons that year. Other major exporters are Russia, the U.S., South Africa and Colombia.

Who has the most coal?

As of January 2020, the United States has the largest recoverable coal reserves with an estimated 252 billion short tons of coal remaining, according to the U.S. Energy Information Administration.

Which is the best quality of coal?

Anthracite is the best quality of coal which carries 80 to 95 per cent carbon content. It ignites slowly with a blue flame. It has the highest calorific value.

What is coal used for?

People began using coal in the 1800s to heat their homes. Trains and ships used coal for fuel. Factories used coal to make iron and steel. Today, we burn coal mainly to make electricity.

What does coal stand for?

COAL

Acronym Definition
COAL Chance of a Lifetime (raffle)
COAL College of Arts and Letters (Missouri State University; Springfield, MO)
COAL Cartridge Overall Length (shooting)
COAL Client Object Access Layer

Where is coal found?

Coal is mainly found in three regions: the Appalachian coal region, the Interior coal region, and the Western coal region (includes the Powder River Basin). The two largest coal mines in the United States are the North Antelope Rochelle and Black Thunder mines in Wyoming.

What are 4 types of coal?

Coal is classified into four main types, or ranks: anthracite, bituminous, subbituminous, and lignite. The ranking depends on the types and amounts of carbon the coal contains and on the amount of heat energy the coal can produce.

Who is the largest exporter of coal?

This number is only beat by the world’s largest coal exporter, Indonesia, which was responsible for the export of more than 450 million tons that year. Other major exporters are Russia, the U.S., South Africa and Colombia.

How long will coal last?

Based on U.S. coal production in 2019, of about 0.706 billion short tons, the recoverable coal reserves would last about 357 years, and recoverable reserves at producing mines would last about 20 years. The actual number of years that those reserves will last depends on changes in production and reserves estimates.

What is the debt of Coal India?

How Much Debt Does Coal India Carry? As you can see below, at the end of March 2020, Coal India had ₹64.3b of debt, up from ₹22.1b a year ago. Click the image for more detail. But on the other hand it also has ₹271.9b in cash, leading to a ₹207.5b net cash position.

What is the ROE of Coal India?

Earnings include an other income of Rs. 7674.84 Cr.

Profit & Loss.

Return on Equity
10 Years: 71%
5 Years: 72%
3 Years: 65%
Last Year: 45%

Is there any debt on Coal India?

What Is Coal India’s Debt? You can click the graphic below for the historical numbers, but it shows that Coal India had ₹58.8b of debt in March 2021, down from ₹64.3b, one year before. However, its balance sheet shows it holds ₹232.9b in cash, so it actually has ₹174.1b net cash.

Which country is rich in coal?

Coal Reserves by Country

# Country World Share
1 United States 22.3%
2 Russia 15.5%
3 Australia 14.0%
4 China 13.1%

How long will our coal last?

Coal is abundant – there’s over 1.06 trillion tonnes of proven coal reserves worldwide. This means that at current rates of production, there is enough coal to last us around 132 years.

Which countries import the most coal?

Coal Imports by Country

Rank Country Imports (Thousand Short Tons)
1 China 360,415.00
2 Japan 211,162.00
3 India 182,369.00
4 Korea, Republic Of 139,454.00

Which country has the best coal?

List

Rank Country Anthracite & bituminous
Tonnes (mil)
1 United States 220,167
2 Russia 69,634
3 Australia 70,927

Where is the best coal in the world?

China. China is the global leader in coal production by an incredible margin, producing 3,474 metric tonnes (mt) in 2018, rising by 2.9% for the second year running but down from its peak of 3,749mt in 2013. This is despite the countries public pledges to the Paris Climate Agreement in 2015.

How long is coal expected to last?

Coal is abundant – there’s over 1.06 trillion tonnes of proven coal reserves worldwide. This means that at current rates of production, there is enough coal to last us around 132 years.

Which is the lowest quality of coal?

Lignite or brown coal is brown in colour and the lowest quality of coal. The carbon content of lignite ranges from 65-70%, therefore, compared to other types of coal it contains the greatest amount of compounds other than carbon—such as sulfur and mercury.

What coal gives off the best heat?

Anthracite Coal is more normally known as “hard coal”. Anthracite coal is a highly-carbonated fossil fuel that will generate the highest heat of all the fossil fuels available, and the low sulfur content in Anthracite makes it an extremely clean-burning fuel.

References

 

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