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Coal India Ltd
State-owned CIL, the country's largest coal producer, offered 30.5 million tonnes (MT) of coal through online auctions in April, marking a 6 per cent decline from 32.5 MT in March. The dip comes against the backdrop of ongoing geopolitical tensions in West Asia, a key oil-producing region, which have spiked global energy prices and prompted power plants to ramp up coal usage for energy security. According to the provision data of Coal India Ltd (CIL), of the total coal on offer by the PSU in April, Mahanadi Coalfields Ltd (MCL) auctioned 9.4 MT, followed by South Eastern Coalfields Ltd (SECL) 5.6 MT, Central Coalfields Ltd (CCL) 4.6 MT, Eastern Coalfields Ltd (ECL) 4.4 MT, Bharat Coking Coal Ltd (BCCL) 3.0 MT, among others. The state-run coal producer offered coal through the Single Window Mode Agnostic (SWMA) auction. SWMA auction is a unified, simplified e-auction system launched in 2022 to consolidate multiple existing auction windows (spot, special spot, forward) into a single .
Infrastructure major Larsen & Toubro (L&T) on Tuesday said it has bagged an order valued between Rs 2,500 crore to Rs 5,000 crore from the joint venture of state-owned Coal India Limited and Bharat Heavy Electricals Limited for the development of a coal-to-ammonium nitrate project in Odisha. The project is likely to produce 2,000 tonnes of ammonia nitrate per day, reducing import dependence, conserving foreign exchange and strengthening domestic industrial capabilities in energy and chemicals sectors. "L&T Energy Hydrocarbon Onshore has won large order from Bharat Coal Gasification and Chemicals Ltd (BCGCL), a joint venture of Coal India Ltd (CIL) and Bharat Heavy Electricals Ltd (BHEL)," the infrastructure firm said in a filing to BSE. The order encompasses the development of the nitric acid and ammonium nitrate Plant, to be executed on a lump sum turnkey basis. "Once operational, the facility will enable the conversion of coal into ammonium nitrate with a planned ...
State-owned CIL, the country's largest coal producer, on Friday reported a 9.7 per cent drop in coal production to 56.1 million tonnes (MT) in April, raising concerns over meeting the country's surging energy demands. The slump in coal production is significant as coal remains the backbone of the country's power generation, accounting for over 70 per cent of electricity output. Coal India Ltd (CIL) produced 62.1 MT of coal in April 2025-26. With peak summer demand pushing power consumption to record highs, the production shortfall could strain supplies to thermal plants and industries, potentially leading to higher imported coal costs, the industry leaders said. Coal India's offtake, or sales to customers, also dropped by two per cent to 63.2 MT in April over 64.5 MT in the corresponding month of the previous fiscal, according to the provisional data. Coal India subsidiaries, which recorded a decline in production, include Eastern Coalfields Ltd (ECL), Bharat Coking Coal Ltd (BCCL
Coal India arm BCCL has reported a 58.9 per cent decline in net profit at Rs 27.28 crore for the quarter ended March 31, 2026 on the back of lower revenue. The company had posted a net profit of Rs 66.50 in the year-ago period, Bharat Coking Coal Ltd (BCCL) said in a filing to BSE on Wednesday. BCCL is one of the largest coking coal producers in the country. The company's revenue from operations during Q4 dropped to Rs 3,282.95 crore over Rs 3,865.79 crore in the year-ago period, the filing said. The company's net profit for the year-ended March 31, 2026 dropped drastically to Rs 128.28 crore over Rs 1,240.19 crore for the year ended March 31, 2025. The revenue of the Miniratna Public Sector Enterprises for the year ended March 31, 2026 declined to Rs 13,644.78 crore, over Rs 15,917.21 crore in the year ended March 31, 2025. BCCL produced 35.52 million tonnes of coal in 2025-26 against 40.50 million tonnes of coal produced in 2024-25. The Miniratna Public Sector Enterprises made
The strong investor response to the initial public offering of Bharat Coking Coal Ltd has boosted confidence within CIL and provided positive momentum as the company evaluates the listing of its other subsidiaries, Chairman-cum-Managing Director B Sairam said. The IPO of Bharat Coking Coal Ltd (BCCL), an arm of Coal India Ltd (CIL), got fully subscribed within minutes of opening for bidding on January 9. As directed by the government, we would step into the market and look forward to unlock the true potential of our companies. We will closely study and assess the market dynamics for listing the companies, Sairam said in an interview with PTI. BCCL is slated to list on the bourses on Monday. Referring to the BCCL IPO issue, Sairam said the "response has been encouraging and has reinforced confidence within the miner". With an overwhelming response, BCCL's IPO resulted in full subscription within minutes of the opening. The strong investor interest continued unabated till the closur
To improve governance and accountability, the Prime Minister's Office (PMO) has directed the coal ministry to map and list all the subsidiaries of state-run CIL by 2030, sources said. The move aims to streamline governance, enhance transparency and unlock value through asset monetisation in the coal PSU. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. There are plans to list all of Coal India's subsidiaries by 2030, highly placed sources said on the condition of anonymity. There is an instruction from PMO to list all the arms of Coal India by 2030 to improve the company's governance, sources said. CIL operates through eight subsidiaries, namely Eastern Coalfields Ltd, Bharat Coking Coal Ltd, Central Coalfields Ltd, Western Coalfields Ltd, South Eastern Coalfields Ltd, Northern Coalfields Ltd, Mahanadi Coalfields Ltd and Central Mine Planning & Design Institute Ltd. BCCL and Central Mine Planning & Design Institute Ltd are set to be listed on stock ..
Decks have been cleared for the stock market debut of South Eastern Coalfields Ltd (SECL) a wholly owned subsidiary of mining major Coal India Ltd (CIL) with the latter's board of directors according in-principle approval for the listing. In a regulatory filing to the exchanges on Tuesday, Coal India said its board of directors have given the go-ahead for SECL to get listed. The decision follows a specific directive from the Ministry of Coal to CIL to initiate concrete steps to ensure the listing of two of its primary subsidiaries Mahanadi Coalfields Ltd (MCL) and SECL, within the next financial year. The move is part of the central government's broader strategy to unlock value in high-performing PSUs, and enhance corporate transparency through public participation. Bharat Coking Coal Ltd (BCCL) and the Central Mine Planning and Design Institute (CMPDI) are being considered for listing. BCCL had received formal approval from the Securities and Exchange Board of India (SEBI) in t
State-owned CIL on Tuesday said B Sairam has taken over as its Chairman and Managing Director (CMD). This comes at a time when Coal India Ltd (CIL) has intensified efforts to achieve record production targets amid surging domestic energy demand. He succeeds Coal Additional Secretary Sanoj Kumar Jha who held the interim charge as Chairman since November 1, 2025, following the superannuation of P M Prasad on October 31. "B Sairam took over as Chairman-cum-Managing Director of Coal India Limited (CIL) effective 15 December 2025, " the coal behemoth said in a filing to the BSE. Earlier, Sairam headed Coal India arm Northern Coalfields Ltd (NCL) as its CMD. "Increased coal production and improved quality coal supplies remain our core functional area in meeting the energy demand of the country. But aligning with the changing business scenario and energy sector dynamics we are also actively foraying into solar power, critical mineral acquisitions and coal gasification. The company is als
Coal India arm SECL's 12 coal mining projects are running behind schedule due to reasons like delays in green clearances and possession of land. These projects have been facing delays even as the government is focussing on boosting domestic coal production to reduce imports. South Eastern Coalfields Ltd (SECL) is a Mini Ratna public sector enterprise. Of the said projects, three mines cost Rs 500 crore and above, five Rs 150 crore and above but less than Rs 500 crore, two Rs 100 crore and above but less than Rs 150 crore, one Rs 50 crore and above but less than Rs 100 crore and one Rs 20 crore and above but less than Rs 50 crore, according to the company's report. Some of these projects are Amadand open cast mine, Amgaon open cast project, and Vijay West underground mine, it said. However, 18 projects are on schedule. "A total of 30 ongoing projects (18 projects on schedule and 12 projects facing delays) in SECL are under different stages of implementation," it said. Projects co
Ahead of the festival season, coal PSUs like state-owned CIL on Friday announced a reward of Rs 1.03 lakh for its non-executive workers, a move that will have a financial implication of Rs 2,153.82 crore. A performance-linked reward (PLR) is a payment or benefit given to an individual for achieving specific, measurable goals. The PLR aims to recognise the contribution and hard work of non-executive workers across all Coal India Ltd (CIL) subsidiaries and state-owned coal mining firm Singareni Collieries Co Ltd (SCCL) and ensure they are fairly rewarded for their efforts. The payment of PLR provides a timely boost to workers and their families during the festive season. The PLR will benefit around 2.1 lakh non-executive cadre employees of CIL, its subsidiaries and around 38,000 non-executive cadre employees of SCCL. Coal India accounts for over 80 per cent of domestic coal output. "The incentive was announced after the 6th meeting of the standardisation committee of Joint Bipartit