Coal India Limited

Coal India's production drops by 3.7% in Apr-Nov period to 453.5 mn tonnes

State-owned CIL's coal production dropped by 3.7 per cent to 453.5 million tonnes (MT) in the April-November period of the current financial year, even as the government is taking several steps to ramp up domestic output and bring down the reliance on imports. Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, produced 471 MT of fossil fuel in the corresponding quarter of the previous fiscal. However, the company's production rose by 1.2 per cent to 68 MT during the last month, over 67.2 MT in November last fiscal. In the financial year 2024-25, CIL produced 781.1 MT of coal, nearly 7 per cent below the company's target for the year. Coal India Ltd's coal production target for 2024-25 was 838 million tonnes. The company is targeting a production of 875 million tonnes and an offtake of 900 MT in the 2025-26 financial year. Coal India Ltd had earlier said that it would aspire to reach its production target of 875 MT in the current fiscal year. Coal

Market study on listing of Coal India arms underway: G Kishan Reddy

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 will aspire to meet 875 MT coal production target in FY26: CMD

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 fast-tracks solar expansion, aims for 3 GW capacity by 2029

Coal India is accelerating its renewable energy plans and expects to reach 3,000 MW of solar capacity by 2029, with tenders for 875 MW Rajasthan projects to be finalised soon

Coal India chief calls for overhaul to stay relevant in changing landscape

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 Q2 hit by weak volumes, high costs; brokerages split on outlook

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.

Coal India Q2FY26 results: Profit falls 32% to ₹4,262 cr, dividend declared

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.

Coal ministry pushes early completion of critical evacuation projects

During the meeting, the coal companies informed the ministry's additional secretary about various issues related to land acquisition, forest clearances, and compensation for landowners

Coal India output falls 3.9% in September to 48.97 MT amid monsoon impact

State-owned CIL on Wednesday reported a 3.9 per cent decline in production to 48.97 million tonnes (MT) in September. The drop in production comes in spite of the government making efforts to increase coal output to bring down the import of dry fuel. The company's output was 50.94 MT in the corresponding month of the previous fiscal year, Coal India Ltd (CIL) said in a filing to the BSE. However, no reasons were given by the company for the decline. CIL subsidiaries, which registered a drop in production in September, are Bharat Coking Coal Ltd (BCCL), Central Coalfields Ltd (CCL), Western Coalfields Ltd (WCL), and Mahanadi Coalfields Ltd (MCL). There was decline in production in North Eastern Coalfields (NEC), a unit of Coal India. According to industry experts, heavy rains and waterlogging during monsoon create operational difficulties in mining, leading to a drop in coal production. Coal production during the April-September period also dropped to 329.14 MT, over 341.35 MT in

Coal India announces ₹1.03 lakh festivals reward for non-executive staff

Ahead of the festival season, coal PSUs like state-owned CIL on Friday announced a reward of Rs 1.03 lakh for its non-executive workers, a move that will have a financial implication of Rs 2,153.82 crore. A performance-linked reward (PLR) is a payment or benefit given to an individual for achieving specific, measurable goals. The PLR aims to recognise the contribution and hard work of non-executive workers across all Coal India Ltd (CIL) subsidiaries and state-owned coal mining firm Singareni Collieries Co Ltd (SCCL) and ensure they are fairly rewarded for their efforts. The payment of PLR provides a timely boost to workers and their families during the festive season. The PLR will benefit around 2.1 lakh non-executive cadre employees of CIL, its subsidiaries and around 38,000 non-executive cadre employees of SCCL. Coal India accounts for over 80 per cent of domestic coal output. "The incentive was announced after the 6th meeting of the standardisation committee of Joint Bipartit

Imported coal may feature on proposed coal exchange for trading, says CIL

Coal India wants imported coal to be traded on the proposed coal exchange to improve price discovery and transparency while supplementing existing auction platforms

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

Near-term weakness in Coal India stock seen as buying opportunity

More thermal capacity is expected to come onstream, and the country's largest coal miner will remain the biggest player by far

Coal India staff's ex gratia for fatal mine accidents raised to Rs 25 lakh

State-owned company will provide accidental insurance of Rs 1 crore for employees and Rs 40 lakh for contractual 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

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 fined ₹10.72 lakh for non-compliance with Sebi directives

State-owned CIL on Monday said it has been fined Rs 10.72 lakh for non-compliance with SEBI norms with regard to the appointment of requisite number of independent directors on its board. Both BSE and NSE have imposed a fine of Rs 5.36 lakh each on the coal major, it said. "The company is in receipt of notice from National Stock Exchange (NSE) and BSE... regarding non-compliance with the provisions of Regulation 17 of the SEBI LODR for the quarter ended June 30, 2025 and has imposed a fine of Rs 5,36,900 each for such non-compliance," Coal India Ltd (CIL) said in a regulatory filing. Non-compliance with Regulation 17 of the SEBI LODR Regulations, 2015, primarily concerns violations of corporate governance rules, such as improper board composition e.g. lack of independent directors or failure to pass a special resolution for a non-executive director aged 75 plus or inadequate board meeting practices (failing to meet for minimum four times a year). Coal India accounts for over 80 per

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