Page 3 - Coal India Ltd News

Coal India hikes mine fatality ex gratia to ₹25 lakh, adds salary plan

Coal India raised ex gratia for mine fatalities to Rs 25 lakh and launched a salary package with Rs 1 crore accident cover for regular staff and Rs 40 lakh for contract workers

Coal India to enhance workers' ex-gratia to ₹25 lakh from Sept 17: Minister

Union Coal Minister G Kishan Reddy on Friday announced that the country's largest miner CIL has decided to enhance workers' ex gratia in case of a mine accident to Rs 25 lakh from the existing Rs 15 lakh. In a historic step, Coal India Ltd will introduce uniforms for all its employees, including the chairman and managing director, for the first time after the country's Independence. "Coal India has decided to enhance workers' ex-gratia (in case of mine accident) to Rs 25 lakh from the present 15 lakh from September 17, which is Vishwakarma Diwas and also coincides with the birthday of Prime Minister Narendra Modi," Reddy said, addressing the media here. He also said, "In another major decision, post Independence Coal India has decided for the first time to introduce uniforms for workers, officials and CMDs of its PSUs besides employees of MDOs from September 17 to ensure a culture of discipline and unity." Coal India Chairman and Managing Director PM Prasad was also present on the

Nifty to rise for 7th day? Positive bias seen; analyst picks 3 'Buy' stocks

Bajaj Finance, Coal India and Hindustan Aeronautics are the buy recommendations given by Ajit Mishra of Religare Broking

GST rate cut boosts Coal India's efforts to cut costly fuel imports

The tax changes "will make Coal India more competitive and better prepared to substitute imports," said Rupesh Sankhe, senior vice president for research at Elara Capital India Pvt

CIL plans data centres in closed mines to boost infra, sustainability

Coal India Limited (CIL) was evaluating the potential of establishing data centres in its decommissioned mines, leveraging existing infrastructure to meet the country's growing demand for digital capacity while advancing sustainable development. The state-owned miner had already taken steps for a comprehensive feasibility study by consultants, officials told PTI. The exercise will include a conceptual study of setting up data centres in India with a special focus on their viability within decommissioned CIL mines. The study will cover site assessments, preparation of a comparison matrix for evaluating identified locations, and a Preliminary Feasibility Report (PFR) for the most suitable site. Four sites across CIL subsidiaries Umrer (WCL), Saraipali in Korba (SECL), Himgir Rampur near Jharsuguda (MCL), and Nigahi (NCL) have been shortlisted. "The scope of work involved a detailed analysis of the data centre industry in India and globally, classification of models such as hypersca

Maximize your returns: Here's 10 stocks with the highest dividend yields

Coal India tops the list of high dividend yield stocks, followed by PTC India, Gujarat Pipavav Port, ONGC, REC, GAIL, PFC, HCL Tech, TCS, and Petronet LNG

Coal India production falls 3.5% to 280.2 MT in April-August period

State-owned CIL on Monday said its production declined 3.5 per cent to 280.2 million tonnes (MT) in the April-August period of the current financial year. The company witnessed a decline in production even as the government is aiming to raise the output to reduce the import dependence. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. The company's coal output was 290.4 MT in the April-August period of the previous fiscal year. Coal India subsidiaries, which registered negative growth are Central Coalfields Ltd (CCL), Bharat Coking Coal Ltd (BCCL), Eastern Coalfields Ltd (ECL), Western Coalfields Ltd (WCL), and Mahanadi Coalfields Ltd (MCL). However, the company's coal output was 50.4 MT last month, over 46.1 MT in August last financial year, according to the provisional data. In the financial year 2024-25, CIL produced 781.1 MT of coal, nearly 7 per cent less than the company's target for the financial year. CIL's coal production target for 2024-25 was

Coal India production slump likely to continue for another month

CIL alone meets 80 per cent of India's domestic coal demand across key industries including power, cement, and steel

Here are 15 PSU stocks for your portfolio with high dividend yields

Coal India and NMDC lead the list, each with a dividend yield of seven per cent, making them the most attractive dividend plays among government-backed companies

Dividend stocks: HAL, RVNL, 12 others go ex-date on Aug 21; do you own any?

Here is the complete list of stocks that will trade ex-dividend on August 21, along with their key details

Coal India inks pact with Konkan Railway Corp Ltd to develop rail infra

State-owned Coal India Ltd (CIL) on Tuesday said it has signed a pact with Konkan Railway Corporation Ltd to develop rail infrastructure for the company and its subsidiaries. CIL, which accounts for over 80 per cent of domestic coal output, is actively strengthening its rail infrastructure to improve coal transportation. The non-binding memorandum of understanding (MoU) was signed between both companies in Kolkata. "Coal India Ltd and Konkan Railway Corporation Ltd have executed a non-binding memorandum of understanding on August 18, 2025...with an intent of development of rail infrastructure of CIL and its subsidiaries," the company said in a BSE filing. CIL had earlier entered into a pact with Indian Port Rail & Ropeway Corporation Ltd to develop a rail infrastructure for the coal behemoth and its arms. In FY25, CIL produced 781.1 million tonnes (MT) of coal, nearly 7 per cent less than the company's annual target of 838 MT. Coal India Ltd is targeting a production of 875 MT and

Coal India ramps up evacuation infrastructure amid weak Q1FY26 demand

Coal India Ltd (CIL) is pressing ahead with its production and evacuation infrastructure plans under its capital expenditure programme for the current fiscal, even as coal demand remained sluggish in the first quarter of FY 2025-26. The company has earmarked the largest share of Rs 5,622 crore - about 35 per cent of the total proposed Rs 16,000 crore capex in FY26 - for coal transportation and evacuation infrastructure, including rail sidings, corridors, coal handling plants, silos and roads. The investments are critical to ramp up mechanised coal evacuation capacity from the present 151 million tonnes per annum (MTPA) to 994 MTPA by FY 2028-29 under first mile connectivity, an official told PTI. The state-run miner, which accounts for over 75 per cent of domestic coal output, reported a decline in performance in the June quarter, with production falling 3 per cent to 183.32 million tonnes and offtake slipping 4 per cent to 191 million tonnes. Already, there are signs of demand ...

Coal India allows thermal plants to trade surplus power in open market

Under the previous policy framework, electricity produced using Coal India Ltd's linkage coal could not be traded in the open market, regardless of whether it was surplus

Coal India modifies long-term supply deals to allow power sale on exchanges

The move would enable consistent demand for coal, Coal India said in the notice dated August 6, which was reviewed by Reuters

Dividend stocks: Coal India, 18 others go ex-date on Aug 6; do you own any?

Here is the complete list of stocks that will trade ex-dividend on August 6, along with their key details

Coal India targets 900MT supply for FY26, plans ₹16,000cr capex boost

Coal India Ltd (CIL) has set an ambitious supply target of 900.24 million tonnes (MT) for 2025-26, representing over 18 per cent growth from the previous year's achievement, as part of a strategy to meet rising power demand and reduce imports. According to the company's outlook by its management in its latest annual report, around 74 per cent of the total coal dispatch is expected to be consumed by the power sector alone, underscoring CIL's critical role in ensuring uninterrupted electricity supply across the country. The projected demand from the power sector for FY26 stands at 668.1 MT, and the company aims to cater to the entire requirement of power and non-regulated consumers while substituting imported coal wherever possible, the miner informed. CIL's growth roadmap aligns with the government's objective of providing 24x7 power to every household, with plans to scale up production to 1 billion tonnes by 2028-29, the company said. To sustain growth while reducing environmental