The offering will consist entirely of shares sold by parent Coal India, with no fresh issuance, according to the draft prospectus filed with Sebi
Coal India's October supplies rose 19 per cent to a record 70.3 MT, with power-sector deliveries hitting an all-time high of 57.1 MT amid rising demand and lower coal imports
Coal India Ltd (CIL) on Sunday said its coal production rose 19.3 per cent year-on-year to 67.2 million tonnes (MT) in October. The state-owned miner had produced 56.4 MT in the same month last year, according to provisional data filed with the stock exchanges. Offtake in October stood at 70.3 MT, up 18.7 per cent from 59.2 MT a year ago. For the April-October period of 2026-27, CIL's production inched up 0.7 per cent to 388.2 MT from 385.5 MT in the year-ago period. Offtake during the seven months grew 9.2 per cent to 454.6 MT from 416.2 MT. Among the subsidiaries, Mahanadi Coalfields Ltd (MCL) recorded the highest production in October at 20.8 MT, up 25.3 per cent. South Eastern Coalfields Ltd (SECL) produced 14.3 MT, a rise of 17.4 per cent. Western Coalfields Ltd (WCL) posted the sharpest growth, with output rising 64.7 per cent to 5.9 MT. Eastern Coalfields Ltd (ECL) produced 4.6 MT, up 27.9 per cent, while Central Coalfields Ltd (CCL) output rose 26.1 per cent to 7.3 MT. Bh
The state-owned miner achieved 109 per cent of its first-half capex target, with mine infrastructure, land acquisition, machinery and diversification driving spending
Bharat Coal Gasification and Chemicals Ltd (BCGCL), the joint venture of Coal India Ltd (CIL) and BHEL, has started ground construction activities for its Rs 25,000 crore coal gasification project in Odisha, with most of the tenders awarded, its Managing Director Peeyush Kumar said on Thursday. The development assumes significance in the wake of the country's push to build 100 million tonne of coal gasification capacity by 2030 under the National Coal Gasification Mission, aimed at converting coal into chemicals and bringing down the import dependence on products such as LNG, urea, ammonia and methanol. "We are going ahead with the joint venture of BHEL and Coal India, which is BCGCL....I am happy to share that we have started ground construction activities... Most of the tenders have been awarded and construction has started," Kumar said during the 17th Edition of Gasification India 2026 organised by Mission Energy Foundation. BCGCL--a joint venture in which CIL holds the majority
Power-sector coal despatches rose 10.6 per cent year-on-year in September, while daily supplies remained robust in early October as CIL drew down pithead inventories
The country needs a more flexible and resilient system
Coal stocks at thermal plants fell to 29 mt in August from 50 mt a year ago as higher power demand lifted coal-based generation and strained inventory replenishment
The Coal Ministry has asked Uttar Pradesh to expedite development of the Saharpur Jamarpani block, saying UPRVUNL has made no progress towards operationalising the mine
Stocks to watch: ICICI Pru AMC, Meesho, Wipro, Shakti Pumps, Hindustan Zinc, Sun Pharma, Bank of Baroda, Axis Bank, MCX, among others, will be in focus today.
NCL's coal production rose 67 per cent and supplies 75 per cent on September 8 from the September 1-3 averages as mine conditions improved after heavy rainfall.
Coal stocks at thermal power plants fall as critical-stock plants rise, even as Coal India holds record-high pithead inventories
Strong power demand, higher e-auction premiums and the proposed Mahanadi Coalfields IPO offer earnings and value-unlocking triggers despite modest Q1 results
State-run Coal India is offloading up to 661.8 million shares in its unit, according to the prospectus
Coal India raised August supplies by 5.5 per cent despite a 5.7 per cent production decline, as the miner continued to draw down accumulated pithead inventories
The move follows the listings of BCCL in January and CMPDI in March 2026; Coal India is considering around 25 per cent equity dilution in MCL and SECL
CIL Global will explore overseas critical mineral acquisitions and manage investments as the state-run miner looks to diversify its portfolio beyond coal
Coal India paid over Rs 32,000 crore in state statutory levies in FY26, with Sairam calling for a stable and predictable taxation framework
Coal India has emerged as the preferred bidder for Odisha's Gadadharpur iron ore block, marking its entry into iron ore mining as it expands beyond coal
The Centre says eight approved coal gasification projects are expected to attract investments of ₹65,365 crore and gasify around 12 million tonnes of coal annually