Page 3 - Coal India Ltd News

Coal India's production falls 11.6% in May despite record power demand

State-owned CIL reported an 11.6 per cent on-year fall in coal production in May, with output slipping to 56.1 million tonnes (MT) even as the country's power demand surged to an all-time high. Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, had reported coal production of 63.5 MT in May last year. However, the company did not share the reason for the decline in production. CIL's subsidiaries whose production declined during May include Mahanadi Coalfields Ltd (MCL), Western Coalfields Ltd (WCL), Bharat Coking Coal Ltd (BCCL) and Eastern Coalfields Ltd (ECL). The subsidiary which registered positive growth in May was South Eastern Coalfields Ltd (SECL), CIL said in a regulatory filing. Coal production in the April-May period also dropped by 10.6 per cent to 112.2 MT over 125.6 MT produced in the year-ago period. According to industry analysts, the timing of the drop coincides with a sharp spike in electricity demand, putting pressure on coal sto

Coal India falls 6% as ₹5,000-cr OFS opens; floor price set at 10% discount

Under the OFS, the government is offloading up to 2 per cent stake or about 12.32 crore shares in Coal India at a floor price of ₹412 apiece.

Stocks to Watch today: Coal India, PhysicsWallah, ONGC, Siemens, IRCTC

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Govt to sell up to 2% stake in Coal India via OFS from Wednesday

The government will sell up to 2 per cent stake in Coal India through an offer for sale at a floor price of Rs 412 apiece beginning Wednesday. The sale of up to 2 per cent stake or about 12.32 crore shares at Rs 412 apiece would fetch about Rs 5,000 crore to the exchequer. The OFS (offer for sale) will open for non-retail investors on May 27, and for retail investors on May 29. "Government of India announces OFS in Coal India Limited with a base offer of 1 per cent of its equity and an additional 1 per cent Green Shoe Option in case of oversubscription. Floor price fixed at Rs 412 per share," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X. Shares of Coal India closed at Rs 458.25 on the BSE on Tuesday, up 0.25 per cent from the previous close. The floor price of Rs 412/share is at a 10 per cent discount over the current market price. With strong operational and financial performance, consistent returns and attractive ...

Stocks to watch today: Tata Steel, SAIL, ITC Hotels, Power Grid, Coal India

Stocks to Watch today, May 18, 2026: Tata Steel, Adani Ports, Coal India, SAIL, and Balrampur Chini are some of the key stocks to watch today

Coal India to set up Chile, Singapore units in critical minerals push

Miner identifies lithium block in Chile and eyes Australia partnerships in rare earths, copper and coking coal as part of diversification beyond thermal coal

Coal India lines up ₹1 trillion capital expenditure push over 5 years

Focus on overhauling and diversifying operations: CMD

Govt likely to divest stake worth $1.06 billion in Coal India via OFS

The Indian government held a 63.13 per cent stake in Coal India as of ​March 31, according to LSEG data

Boost your portfolio with these top 15 Nifty500 high dividend yield stocks

At the top of the list is Bharat Petroleum Corporation (BPCL), which offers the highest dividend yield of 7.5 per cent

West Bengal polls: BJP win may reshape power sector, says JM Financial

The most immediate impact of a BJP government in West Bengal could be felt by Calcutta Electric Supply Corporation (CESC), which operates as the sole electricity distributor in Kolkata

Coal India's production falls 9.7% in April amid rising power demand

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