Coal India steps up supply measures with increased e-auctions and robust stock levels to ensure uninterrupted coal availability amid disruptions from West Asia crisis
The government on Thursday asserted that India's domestic coal production is steadily matching consumer demands, with state-owned Coal India Ltd (CIL) implementing robust measures to secure uninterrupted dry fuel for all sectors, amid escalating tensions in West Asia. As a proactive step, CIL, which accounts for over 80 per cent of domestic coal output, has planned 29 e-auctions in the current month, offering about 23.56 million tonnes (MT) of coal. "Out of these 29 auctions, 5 auctions have already been conducted since March 12, 2026, wherein 73.1 lakh tonnes of coal were offered, and 31.96 lakh tonnes of coal have been booked, indicating adequacy of coal offered in the e-auctions," the coal ministry said in a statement. In addition to this, CIL has also taken necessary action to ensure coal availability to the small, medium and other consumers through the State Nominated Agencies (SNAs) route and requested the State governments to provide the additional coal requirement, which can
The unlisted shares of Central Mine Planning were trading almost flat at ₹175, up ₹3 or 1.7 per cent compared to the issue price of ₹172 per share, according to sources tracking unofficial markets
Central Mine Planning and Design Institute (CMPDIL), an arm of state-owned Coal India, on Wednesday said it has mobilised Rs 470 crore from anchor investors, ahead of its initial share-sale opening for public subscription. Life Insurance Corporation (LIC), Nippon India Mutual Fund (MF), Edelweiss MF, ICICI Prudential MF, Baring Private Equity India Fund, General Insurance Corporation of India and Edelweiss Life Insurance Corporation are among the anchor investors, according to a circular uploaded on BSE's website. Also, Societe Generale, Citigroup, Goldman Sachs and BNP Paribas Financial Markets participated in the anchor round. As per the circular, the state-owned firm allotted 2.73 crore equity shares to 22 funds at Rs 172 per piece, aggregating the transaction size to Rs 469.74 crore. Of these funds, LIC has been allocated shares to the tune of Rs 105 crore. CMPDIL's Rs 1,842-crore initial public offering (IPO) will open for subscription on March 20 and conclude on March 24. T
The unlisted shares of Central Mine Planning were trading at ₹183 in the grey market, commanding a premium of ₹11 or 6.4 per cent from the upper end price of ₹172
Central Mine Planning has set the price band for its maiden public issue in the range of ₹163 to ₹172 per share, with a lot size of 80 shares
SECL, the second largest coal producing arm of Coal India Ltd, on Monday said it is prepared to meet the country's coal demand, including the power sector's requirement, amid the evolving global energy dynamics. The ongoing war in West Asia has disrupted global energy routes like the Strait of Hormuz, raising the costs of imported coal and LNG, which indirectly pressure India's coal and power sectors. South Eastern Coalfields Ltd (SECL) Chairman and Managing Director Harish Duhan told PTI that the company continues to maintain strong operational momentum. During the current financial year, the company has achieved around 165 million tonnes of coal production and over 169 million tonnes of coal dispatch up to mid-March, ensuring a steady supply to power plants and other consumers. The company supplies coal to major power generators like NTPC, Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) and Madhya Pradesh Power Generating Company Limited (MPPGCL). The company is currently ...
State-owned Coal India Ltd aims to ensure power at a "just price" to the country amid the escalating West Asia crisis that endangers global shipping lanes and imported coal costs, a senior official of the company said. Coal India Ltd (CIL) contributes to 80 per cent of total domestic coal production and 75 per cent of total coal-based generation. CIL contributes to 55 per cent of total power generation and meets 40 per cent of the primary commercial energy requirements of the country. "As a low-cost coal producer, CIL aims to ensure power at a just price to the country," the official said, adding that the country has adequate coal sufficiency to meet the anticipated spike in summer demand, with Coal India maintaining robust stockpiles at pitheads and power plants. CIL's pitheads have an inventory of 122 million tonnes (MT) of coal, while domestic coal-based plants are stocked to the tune of 53 MT, officials said. In-situ coal exposure at CIL's mines stands at around 60 MT, ready f
Rising global coal prices amid the Iran conflict and potential substitution of gas with coal could boost Coal India's e-auction premiums and volumes in the near term
As many as 34 out of the 40 constituent stocks were trading in the green, while six were in the red
India has adequate coal stocks at mines and power plants to meet any unprecedented demand, the coal ministry said, citing record inventory levels across the sector
Coal India shares rose over 4% as global coal prices surged amid Iran war and LNG supply disruptions. Analysts say higher e-auction premiums could support earnings
Ajit Mishra of Religare Broking has recommended buying the shares of Coal India, Hindustan Unilever, and Lupin today
State-owned Coal India Limited (CIL) on Friday said it is geared up to meet a potential surge in summer coal demand, dismissing concerns of domestic fuel shortages as power consumption begins to rise. The company said a three-tier buffer across the supply chain - pithead stock, coal inventory at thermal power plants and ready-to-extract in-situ reserves - ensures comfortable availability ahead of the peak demand season. CIL's producing subsidiaries were holding 115 million tonnes (MT) of coal at pitheads as of February 26, 2026, a figure expected to rise further by the close of the fiscal year. Power plants typically require significantly higher quantities of coal during the summer months as electricity demand surges across the country. Rising temperatures lead to increased use of air conditioners, coolers, refrigerators and irrigation pumps, pushing peak power consumption to annual highs. Coal-based thermal power dominates India's electricity generation, accounting for roughly 70
South Eastern Coalfields Ltd (SECL), a subsidiary of Coal India Ltd, has identified seven mine dumps for potential extraction of rare earth elements, a top company official said. SECL's initiative aligns with the government's push to unlock value from coal mine waste. Trace rare earth elements (REEs) have been detected in overburden dumps across major coalfields, potentially reducing import dependence. SECL Chairman and Managing Director Harish Duhan said the tendering process for exploration has already begun, with plans to scientifically assess the dumps within the next year to pinpoint viable sites. "Under the guidance from the ministry of coal, we have identified seven mine dumps for rare earth elements extraction. We have started the tendering process and within a year or so we will identify which area, which mine dumps, overburden carry rare earth elements," Duhan told PTI. He added the company will conduct detailed scientific studies to determine the presence and economic ..
Coal India's Gevra mine will become the world's top coal-producing mine next year by achieving the output of 63 million tonnes, surpassing the US mines, a top official said on Sunday. Gevra mine, operated by South Eastern Coalfields Ltd (SECL), a subsidiary of Coal India, is India's largest opencast coal mine. Operational since 1981, the Gevra mine will produce 56 million tonnes this year. The mine has already received the environmental clearance to expand capacity to 70 million tonnes per annum. In an interview with PTI here, SECL CMD Harish Duhan said, "By next year, only Gevra mine will be producing 63 MT and will become the number one mine in the world." Black Thunder Mine in Wyoming's Powder River Basin in the US is the world's largest coal mine with an output of 61-62 million tonnes, followed by North Antelope Rochelle Mine. SECL is fully prepared to achieve a production target of 56 million tonnes from Gevra acknowledged as India's largest coal mine this financial year, t
Among the listed companies, Hindustan Aeronautics has announced the highest interim dividend of ₹35 per share, with February 18 as the record date
Coal India has more than doubled its solar capex to ₹961 crore this fiscal, exceeding full-year goals as it advances its 3,000 MW renewable capacity plan and scales up participation in solar auctions
Dividend stocks: Among the dividend announcements, Escorts Kubota has declared the highest interim dividend of ₹18 per share, followed by Torent Power and Nirlon at ₹15
CIL reports Rs 7,166 crore profit in Q3FY26, down 16% YoY, as offtake declines and revenue slips 5% amid softer realisations