Coal India Limited

Coal India offers record 35 MT coal under linkage auction to curb imports

Coal India Ltd (CIL) on Friday announced a series of measures to boost coal availability for non-regulated sector (NRS) consumers and improve operational flexibility, as part of efforts to reduce import dependence and meet rising industrial demand. The state-run miner in a statement said it will offer a record 35 million tonnes of coal under its linkage auction window scheduled for June 12, targeting high-grade coal consumers such as the sponge iron sector. The move is expected to curb imports of high gross calorific value coal. CIL has also allowed steel producers in the coking coal segment to sell coal middlings -- a byproduct of washed coal -- in the open market if not used for captive power generation. The provision has been enabled under the ongoing Tranche-X linkage auctions that began on June 3. The company said it has offered 13.75 million tonnes of coal to the steel (coking) sub-sector in the current tranche and increased flexibility for consortium changes during contract .

Rising demand, production recovery could support gains for Coal India

Rising power demand, thermal generation growth and value unlocking at MCL could support Coal India, though margin pressures remain a near-term concern

Coal India's production falls 11.6% in May despite record power demand

State-owned CIL reported an 11.6 per cent on-year fall in coal production in May, with output slipping to 56.1 million tonnes (MT) even as the country's power demand surged to an all-time high. Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, had reported coal production of 63.5 MT in May last year. However, the company did not share the reason for the decline in production. CIL's subsidiaries whose production declined during May include Mahanadi Coalfields Ltd (MCL), Western Coalfields Ltd (WCL), Bharat Coking Coal Ltd (BCCL) and Eastern Coalfields Ltd (ECL). The subsidiary which registered positive growth in May was South Eastern Coalfields Ltd (SECL), CIL said in a regulatory filing. Coal production in the April-May period also dropped by 10.6 per cent to 112.2 MT over 125.6 MT produced in the year-ago period. According to industry analysts, the timing of the drop coincides with a sharp spike in electricity demand, putting pressure on coal sto

Govt to sell up to 2% stake in Coal India via OFS from Wednesday

The government will sell up to 2 per cent stake in Coal India through an offer for sale at a floor price of Rs 412 apiece beginning Wednesday. The sale of up to 2 per cent stake or about 12.32 crore shares at Rs 412 apiece would fetch about Rs 5,000 crore to the exchequer. The OFS (offer for sale) will open for non-retail investors on May 27, and for retail investors on May 29. "Government of India announces OFS in Coal India Limited with a base offer of 1 per cent of its equity and an additional 1 per cent Green Shoe Option in case of oversubscription. Floor price fixed at Rs 412 per share," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X. Shares of Coal India closed at Rs 458.25 on the BSE on Tuesday, up 0.25 per cent from the previous close. The floor price of Rs 412/share is at a 10 per cent discount over the current market price. With strong operational and financial performance, consistent returns and attractive ...

Coal India plans syngas production units as gas supply concerns rise

State-owned Coal India plans to set up coal-to-syngas production units either at pithead locations or adjacent to user industries such as fertiliser units, direct-reduced iron and gas-based power plants amid disruption in gas supplies due to the West Asia conflict, sources said. Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, has already initiated steps to develop such coal-to-syngas facilities. In line with the National Mission on Coal Gasification and the government's vision to enhance domestic chemical and feedstock security, CIL intends to set up coal-to-syn-gas facilities to cater to the market demand for syn-gas in gas-based power plants/DRI or fertiliser plants, sources said. The company plans to develop such facilities either on Build-Own-Operate (BOO) or Build-Operate-Maintain (BOM) basis, with syngas to be produced from coal by developers or consortia, they said. Syngas serves as a versatile feedstock for the production of clean fuels, .

Coal India auctions dip 6% to 30.5 MT in April amid West Asia energy shock

State-owned CIL, the country's largest coal producer, offered 30.5 million tonnes (MT) of coal through online auctions in April, marking a 6 per cent decline from 32.5 MT in March. The dip comes against the backdrop of ongoing geopolitical tensions in West Asia, a key oil-producing region, which have spiked global energy prices and prompted power plants to ramp up coal usage for energy security. According to the provision data of Coal India Ltd (CIL), of the total coal on offer by the PSU in April, Mahanadi Coalfields Ltd (MCL) auctioned 9.4 MT, followed by South Eastern Coalfields Ltd (SECL) 5.6 MT, Central Coalfields Ltd (CCL) 4.6 MT, Eastern Coalfields Ltd (ECL) 4.4 MT, Bharat Coking Coal Ltd (BCCL) 3.0 MT, among others. The state-run coal producer offered coal through the Single Window Mode Agnostic (SWMA) auction. SWMA auction is a unified, simplified e-auction system launched in 2022 to consolidate multiple existing auction windows (spot, special spot, forward) into a single .

Govt likely to divest stake worth $1.06 billion in Coal India via OFS

The Indian government held a 63.13 per cent stake in Coal India as of ​March 31, according to LSEG data

Coal India's production falls 9.7% in April amid rising power demand

State-owned CIL, the country's largest coal producer, on Friday reported a 9.7 per cent drop in coal production to 56.1 million tonnes (MT) in April, raising concerns over meeting the country's surging energy demands. The slump in coal production is significant as coal remains the backbone of the country's power generation, accounting for over 70 per cent of electricity output. Coal India Ltd (CIL) produced 62.1 MT of coal in April 2025-26. With peak summer demand pushing power consumption to record highs, the production shortfall could strain supplies to thermal plants and industries, potentially leading to higher imported coal costs, the industry leaders said. Coal India's offtake, or sales to customers, also dropped by two per cent to 63.2 MT in April over 64.5 MT in the corresponding month of the previous fiscal, according to the provisional data. Coal India subsidiaries, which recorded a decline in production, include Eastern Coalfields Ltd (ECL), Bharat Coking Coal Ltd (BCCL

Coal India share rises 5% on Q4 results; analysts see up to 12% upside

Coal India has informed the exchanges that its board of directors has declared a final dividend of ₹5.25 per equity share of face value ₹10 for the FY26

CIL plans comprehensive 10-year roadmap to slash 243 MT coal imports

State-owned Coal India Ltd is planning a comprehensive 10-year roadmap to slash the current 243 MT coal import volume through ramped-up domestic production, coal quality upgrades, and logistics cost parity. The proposed roadmap targeting coal import cuts includes a detailed forensic audit of imports, backed by sector-specific policies and phased shift strategies to boost local supply, a source said. It will also include the National Washery & Logistics Grid to streamline coal washing and transport, addressing key bottlenecks in the supply chain. Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, also plans to engage a consultant for preparation of the roadmap and suggesting measures relating to non-tariff barriers. The coal behemoth plans "to develop and execute a comprehensive Ten-Year Roadmap (2026-2036) for the total substitution of all 'substitutable' coal imports, targeting a reduction in the current 243 MT import volume through domestic ...

Coal India absorbing input costs surge to shield consumers from price spike

State-owned Coal India Limited is absorbing rising input costs to protect consumers from higher coal prices, even as expenses for key inputs, such as explosives and industrial diesel, have surged sharply following the West Asia conflict. The company said it has chosen not to pass on the increase, warning that doing so could trigger a cascading impact across sectors reliant on coal. It is also compensating contractors operating in its mines for higher diesel costs. Prices of ammonium nitrate - a key component accounting for about 60 per cent of explosives used in opencast mining - have risen 44 per cent to Rs 72,750 per tonne as of April 1 from pre-war levels. This has pushed up the average cost of explosives by around 26 per cent to nearly Rs 49,800 per tonne by end-March. Coal India's subsidiaries consume about 0.9 million tonnes of explosives annually. This entire cost is being absorbed by Coal India, the company said. Diesel prices have also surged, rising roughly 54 per cent t

Amid Iran war, CIL plans to offer 25.62 MT of coal in April via auction

State-owned Coal India Ltd plans to offer 25.62 million tonnes of coal through online auction in the current month, a move expected to mitigate the impact of energy supply shocks on industries amid the West Asia crisis. The disruptions in LNG, LPG and crude oil supplies from the Middle East have increased demand for coal, driving up its import prices. Coal India had offered 32.532 million tonnes of coal through e-auction in March against 20.5 million tonnes in February this year. The state-run coal producer plans to offer coal through the Single Window Mode Agnostic (SWMA) auction. SWMA auction is a unified, simplified e-auction system launched in 2022 to consolidate multiple existing auction windows (Spot, Special Spot, Forward) into a single platform, making coal procurement easier, more transparent, and market-driven for all buyers. According to Coal India Ltd's SWMA auction calender, Coal India subsidiary Western Coalfields Ltd (WCL) plans to put on offer 2 million tonnes (MT),

Coal India's output falls by 1.5%, ample stockpiles ready to meet demand

Output dropped from a year earlier to 84.5 million tons, while sales grew 0.7%, the company said

Coal India arm SECL's production rises over 5% in FY26 amid rising demands

Coal India arm SECL on Wednesday said it has registered a 5.26 per cent growth in production and 4.6 per cent increase in offtake, the volume of dry fuel supplied, in 2025-26, signalling steady progress amid rising energy demand. SECL recorded the total coal production of 176.2 million tonnes (MT) in FY26, up 5.26 per cent from 167.4 MT produced in 2024-25. The company's coal offtake in FY26 stood at 178.6 million tonnes compared to 170.7 MT in FY25. With 364.3 million cubic metres of overburden removal from mining pits, SECL achieved its highest-ever OBR, it said in a statement. "South Eastern Coalfields Limited (SECL) has achieved a significant milestone in FY 2025-26, emerging as the only subsidiary of Coal India Limited to register positive growth across all three key performance parameters -- coal production, offtake and overburden removal (OBR)," it said. Despite numerous operational and geographical challenges, the company's workforce has consistently delivered, ensuring ..

Coal India up 3% in weak market; Geojit upgrades to 'Buy', sees 11% upside

Coal India share price target: Geojit has upgraded its rating on Coal India to 'Buy' and revised the target price to ₹506, implying an uside of 11 per cent from CMP of ₹456

CIL to invest ₹3,300 crore in 8 coking coal washeries to cut imports

Coal India will invest Rs 3,300 crore to set up eight coking coal washeries by FY2030, aiming to improve coal quality, reduce imports and support domestic steel production

Ex-Coal India top brass seek PM Modi's help to revise stagnant pensions

Several former top brass of Coal India Ltd (CIL), its subsidiaries and Singareni Collieries Company Ltd have sought Prime Minister Narendra Modi's intervention to revise retired employees' pension, pointing out that it "remains constant forever". Former CIL director (technical) Binay Dayal, a signatory of the letter, on Tuesday said 75 former chairpersons, managing directors and directors of the PSUs have written to the prime minister over the issue. In the March 23 letter, the former top executives said the pension fixed at the time of retirement remains "constant forever without any adjustment for rise in prices", leaving many retired miners struggling. They alleged mismanagement of the Coal Mines Pension Scheme (CMPS)-1998 corpus and suboptimal investment decisions as the root cause of the pension amount remaining static, pointing out that the Public Accounts Committee had highlighted these shortcomings in its 12th report. Despite the government's stated commitment to review and

Iran war: SECL ready to meet India's coal demand amid energy disruptions

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 ...

Axis Direct upgrades Coal India to 'Buy'; sees demand tailwinds ahead

Axis Direct expects a pick-up in power demand going into the summer season, providing a tailwind to Coal India's volumes. It has hiked Coal India share price target to ₹500

CIL despatches record 375 MT coal via rail with third-party sampling

State-owned Coal India Ltd (CIL) on Thursday announced a major milestone, having despatched about 375 million tonnes of coal through the rail mode, all sampled by third-party sampling agencies (TPSAs), till December of the current fiscal. The achievement underscores CIL's enhanced focus on quality assurance and supply chain reliability amid rising domestic demand for coal, which powers a chunk of the country's electricity generation. This volume highlights the success of third-party sampling protocols mandated by the government to ensure unbiased quality checks, bring down disputes with power plants and check pilferage. "Till December FY 2026, CIL has despatched about 375 million tonnes (MTs) of coal through rail mode which was sampled by TPSAs," the company said in a filing to BSE. Of this, half of the despatches were made through silos where the installed auto mechanical samplers ensured high standards of coal quality process control. The coal behemoth is aiming to increase this