The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Rahul Modi - ICICI Securities Limited, Research Division - Analyst
: Congratulations on numbers, and thank you for the dividend that you've provided to investors. Sir, just a follow-up on the policy that you've
approached. It looks like that you've almost paid 90% of your first half profits. Sir, so I'm sure this will not be the full year dividend, you will be paying
more as profits continue over the couple of quarters in this year?
Question: Rahul Modi - ICICI Securities Limited, Research Division - Analyst
: Right, sir. That's very helpful. Sir, there were some news reports in the morning suggesting that Coal India has been asked or maybe NMDC to take
over Hindustan Copper. Anything of this being thought about?
Question: Rahul Modi - ICICI Securities Limited, Research Division - Analyst
: Sir, a couple of questions. Are you confident of moving ahead of what we've done in terms of production and offtake last year? Confident of
achieving that?
Question: Rahul Modi - ICICI Securities Limited, Research Division - Analyst
: Right. Sir, how is the demand of coal from power? Has it picked up over the last couple of months? Or it is primarily more of NRS that is offtaking
the coal?
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NOVEMBER 12, 2020 / 10:30AM, COAL.NS - Q2 2021 Coal India Ltd Earnings Call
Question: Rahul Modi - ICICI Securities Limited, Research Division - Analyst
: Right, sir. Sir, one question I had, sir, what we've seen is that in terms of SECL, our offtake is still lower on a Y-o-Y basis. However, most of the power
plants are actually operating being pick head, are operating at quite high levels. So SECL has been a bit of a laggard. You expect this to improve in
the second half?
Question: Rahul Modi - ICICI Securities Limited, Research Division - Analyst
: Right. Sir, just last one question I had on receivables again. Sir, you are confident that at least we will be, if not the same levels of what we saw in
FY '20, but almost at same levels of receivables? Can we achieve that by year-end, March?
Question: Abhineet Anand - SBICAP Securities Ltd., Research Division - Analyst
: Sir, just wanted to know this. You said that this 150 million tonne demand looks very clear. Can you highlight -- or can you break up it into how
much is it power? And how is it nonregulated part as per you?
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NOVEMBER 12, 2020 / 10:30AM, COAL.NS - Q2 2021 Coal India Ltd Earnings Call
Question: Abhineet Anand - SBICAP Securities Ltd., Research Division - Analyst
: Okay. My second question is, although you did mention that coal in India is like among the cheapest, but if you can highlight over the next 3, 5
years, what can the company do to still make coal cheaper? Because you did mention solar doesn't happen at peak. But let's assume the storage
comes in a big way, which takes away the peak part up to certain extent. So coal needs to be competitive in that sense. So I'm saying 5 years hence,
wage revisions can't be avoided, but in other cases, how do you bring down the cost of production? Any thoughts on that?
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