India's largest supplier of coal is pivoting to boost its renewable energy output. It will need to cut its operating costs first, and increase coal output to keep the numbers up
This marks a significant step towards safe, eco-friendly underground mining practices. SECL has coal mines in Chhattisgarh and Madhya Pradesh
Coal Minister G Kishan Reddy on Friday said market study with regard to listing of Coal India arms BCCL and CMPDI is underway and their listing will take place at the right time. A few months back Bharat Coking Coal Ltd (BCCL) and Coal Mine Planning & Design Institute (CMPDI) filed draft red herring prospectus with capital markets regulator SEBI, as well as BSE and NSE, for its proposed initial public offering. Talking to reporters during the inauguration of mines ministry pavilion at India International Trade Fair (IITF) here the minister said, "We are doing market study and after doing that we will go for listing at the right time." "As our experts, consulting agencies are doing market study, we will go for it after they take a decision on it," he added. The minister also said that he reviewed the performance of all PSUs in the coal sector on Thursday. He also said there is sufficient coal available for all the sectors including power and as the demand for coal surges, the ...
Coal India Ltd will aspire to reach its production target of 875 MT in the current fiscal year or reach close to the figure, its CMD Sanoj Kumar Jha said on Sunday. The statement comes at a time when Coal India has missed its production target in the last two months. Speaking on the sidelines of the 59th Foundation Day of Hindustan Copper Ltd here, Jha said, "Today I can't say we will not meet (the production target). I can't say we will meet. But we will aspire that we will be able to be there or near there." Jha, the Coal Additional Secretary, took charge as the Chairman-cum-Managing Director (CMD) of Coal India Ltd (CIL) on November 1. The CMD said Coal India missed its production target in September and October primary because of the monsoon rains. The coal demand, he said, has been very sluggish and demand from the power sector has gone down. Assuring that the company will meet coal requirement of the industry, Jha added, "We will have more stocks at the end of the year than
Coal India and Damodar Valley Corporation have signed a joint venture to set up a Rs 21,000-crore, 1,600 MW thermal power plant at Chandrapura in Jharkhand, expected to start operations by FY32
Among the list, Coal India leads with the announcement of the highest interim dividend of ₹10.25 per share. Mazagon Dock Shipbuilders follows with an interim dividend of ₹6 per share
Newly appointed Coal India Limited (CIL) Chairman Sanoj Kr Jha called for an "overhaul" of the state-run miner's business model and systems. He also emphasised on emerging production methods, stressing that the organisation must adapt swiftly to stay relevant amid the global shift towards renewable energy. "The world is not the same as it was 50 years ago, when coal was the primary source of energy. Renewable energy and many other competitors have come up," Jha said while addressing employees and stakeholders during CIL's 50th anniversary celebration in Kolkata on Saturday, marking his first day in the organisation. Jha, who is also Additional Secretary in the Ministry of Coal, said the sector is at a "turning point" and must evolve beyond traditional methods of operation. "We have to change our entire system, all of our current business models, and the method of production. The minister constantly reminds us that Coal India and all PSUs must come out of the mindset that they can .
Coal India Ltd has reported a 9.8 per cent year-on-year decline in production to 56.4 million tonnes in October, marking a continued slump in operational performance, amid subdued demand and post-monsoon challenges. Coal offtake during the month also fell 5.9 per cent to 58.3 MT, according to provisional data released by the company on Saturday. During April-October 2025, the coal major's cumulative production stood at 385.3 MT, down 4.5 per cent from the year-ago period, while total offtake fell 2.4 per cent to 415.3 MT. Meanwhile, Coal India has appointed Sanoj Kumar Jha as interim Chairman-cum-Managing Director with effect from November 1, following the superannuation of P M Prasad. The date also marks the company's foundation day.
Coal India's outgoing CMD says PMO has asked the miner to invest in Australian critical minerals, terming diversification beyond coal a potential game changer for the PSU
Motilal Oswal, however, remained upbeat on Coal India, calling the earnings a 'big miss due to high costs' but maintaining its 'Buy' rating with a target price of ₹440.
CIL's revenue from operations for the quarter stood at ₹ 26,909.23 crore, down 1.3 per cent year-on-year(Y-o-Y) and 15.6 per cent sequentially.
Q2FY26 company results: Firms including LIC Housing Finance, Ixigo, United Breweries, NTPC Energy, HPCL, and NMDC are also to release their July-September quarter earnings reports today
Coal India Ltd is accelerating its diversification strategy by bidding for domestic critical mineral blocks and scouting global lithium, graphite, and rare earth assets
NCC Ltd on Saturday said it has bagged a Rs 6,828.94 crore order from Coal India arm Central Coalfields to extract and transport coal and overburden from one of the mining projects in Jharkhand. In a regulatory filing, the company said it has received a letter of acceptance dated October 24 from Central Coalfields Ltd (CCL) regarding this. The extraction and transportation of overburden and coal will have to be done from the Amrapali open-cast project of CCL in the Chandragupt area of Jharkhand, NCC said in the regulatory filing. NCC will hire Heavy Earth Moving Machinery (HEMM) for the removal of 413.59 M CuM of OB (overburden), extraction of 233.325 MT coal and transportation to Shivpur siding and surface stock yard under different lead slabs and wagon loading of 139.995 MT of coal at Shivpur siding at Amrapali OCP, Chandragupt Area, the filing said. NCC Ltd is a construction company involved in diversified activities, including buildings, transportation, water and environment, .
Coal and mines minister G Kishan Reddy on Thursday said that rainfall disrupted mining activity in September, and it led to a decline in production by public sector coal producer CIL. However, the minister made it clear that there was no shortage of coal in the country. Speaking to reporters on the sidelines of ICC's Annual Plenary Session, the minister said that in September Coal India Ltd's (CIL) production declined because of rains. CIL accounts for over 80 per cent of the country's coal production. According to industry experts, heavy rains and waterlogging during monsoon create operational difficulties in coal mining, resulting in drop in coal production. The coal behemoth reported a 3.9 per cent year-on-year decline in production to 48.97 million tonnes (MT) in September. The company's output was 50.94 MT in the corresponding month of the previous fiscal year. The output has lowered even as the government aims to increase production to bring down the import of dry fuel. S
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JP Morgan has raised Tata Steel's share price target to ₹195 from ₹180, implying an upside potential of 14 per cent from current levels.
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The company spokesperson said that store operations will be conducted through a modern SAP-based digital management system, ensuring efficiency and transparency
The government will roll out an Rs 8,500 crore incentive scheme and a dedicated coal block allocation framework to promote gasification, with private and foreign players showing interest