Coal India Ltd.

Coal India, reportedly, is to tie up with the newly formed national laboratory Central Institute of Mining and Fuel Research (CIMFR) in Dhanbad, for neutral coal quality certification for supply to NTPC plants in the east. Prior to this, joint sampling was carried out between CIL and NTPC officials, but the differences on quality failed to subside. So, both the firms had agreed to third party sampling at a joint meeting.

The company has reported 39.17% rise in its net profit at Rs 1696.92 crore for third quarter ended December 31, 2012 as compared to Rs 1219.33 crore for the same quarter in the previous year. Total income of the company has increased by 38.25% at Rs 2158.04 crore for the quarter under review as compared to Rs 1560.97 crore for the quarter ended December 31, 2011.