Page 2 - Coal India Limited

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

Coal India ramps up evacuation infrastructure amid weak Q1FY26 demand

Coal India Ltd (CIL) is pressing ahead with its production and evacuation infrastructure plans under its capital expenditure programme for the current fiscal, even as coal demand remained sluggish in the first quarter of FY 2025-26. The company has earmarked the largest share of Rs 5,622 crore - about 35 per cent of the total proposed Rs 16,000 crore capex in FY26 - for coal transportation and evacuation infrastructure, including rail sidings, corridors, coal handling plants, silos and roads. The investments are critical to ramp up mechanised coal evacuation capacity from the present 151 million tonnes per annum (MTPA) to 994 MTPA by FY 2028-29 under first mile connectivity, an official told PTI. The state-run miner, which accounts for over 75 per cent of domestic coal output, reported a decline in performance in the June quarter, with production falling 3 per cent to 183.32 million tonnes and offtake slipping 4 per cent to 191 million tonnes. Already, there are signs of demand ...

Coal India opens power market access for TPPs using linkage coal

The new rule applies to all existing and future FSAs and extends to all power generators, including central and state Gencos and independent power plants

Coal India allows thermal plants to trade surplus power in open market

Under the previous policy framework, electricity produced using Coal India Ltd's linkage coal could not be traded in the open market, regardless of whether it was surplus

Coal India Q1 results: PAT dips over 20% to ₹8,734, income falls by 4.9%

Coal India on Thursday posted an over 20 per cent fall in consolidated net profit to Rs 8,734.17 crore in the June quarter, mainly impacted by lower sales. The country's largest coal-producing company had clocked a net profit of Rs 10,943.55 crore in the April-June period of preceding 2024-25 financial year. In the first quarter, Coal India has reported a total income of Rs 37,458.05 crore, down from Rs 39,388.47 crore in the year-ago quarter. As per the company filing, its sales fell to Rs 31,880.43 crore from Rs 33,170.13 crore in the April-June quarter of FY25. Its expenses inched up to Rs 25,893.12 crore against Rs 25,326.66 crore in the same period a year ago. The company's Board of Directors declared the first interim dividend for the FY26 at Rs 5.50 per equity share on the face value of Rs 10 as recommended by the Audit Committee of CIL at its meeting held on the date. The company has fixed Wednesday, 6th August 2025, as the "Record Date" for the purpose of determining the

Coal India production drops by 8.5% in June, targets production of 875 MT

State-owned CIL on Tuesday said coal production dropped by 8.5 per cent to 57.8 million tonnes (MT) in June even as the government aims to increase the output to reduce the dependency on imports. The coal production by the PSU was 63.1 MT in the corresponding month of the previous fiscal, Coal India Ltd (CIL) said in a regulatory filing. The coal output by the PSU in the first three months of the current fiscal also dropped to 183.3 MT, over 189.3 MT produced in the April-June period of the previous financial year. The company, however, did not give a reason for the decline in coal production. According to industry analysts, coal production usually faces hindrances during the monsoon season. As a result the output from mines is lower, which consequently affects the dispatch to power plants. Coal offtake by the PSU also dropped by 7.4 per cent to 60.4 MT in the month of June, over 65.2 MT in the corresponding month of the previous fiscal. Coal offtake refers to the amount of coal

SBI to HAL: These PSUs merit long-term portfolio spot, says Motilal Oswal

SBI, BEL, HAL, Power Grid, and Coal India are among the top stock picks for Motilal Oswal

Coal India inks MoU with Kolkata Port for dynamic lighting of Howrah Bridge

The design features volumetric and skeleton lighting with synchronised music shows, transforming the 80-year-old Rabindra Setu into a glowing symbol of Kolkata's heritage

India's swelling coal stockpiles test state-owned mining giant CIL

The early onset of monsoon rains and frequent showers in parts of the country have kept India's electricity demand in check and coal stockpiles high

Environment friendly coal transportation grew by 34%, says Coal India

State-owned CIL on Thursday said environment-friendly coal transportation grew by 34 per cent year-on-year to 102.5 million tonnes in FY25. This was through 20 first mile connectivity (FMC) projects linked with the Indian Railway network. Comparatively, the same was 76.5 MTs in FY 2024 through 17 such projects, Coal India Ltd (CIL) said in a statement. Plans are on anvil to commission 19 FMC projects of nearly 150 million tonnes per year capacity during FY 2026. FMC initiative is an automated coal evacuation process which ensures eco-friendly coal transportation from pithead, in piped conveyor belts, to loading points. Key features of FMC involve constructing mechanized coal handling plants equipped with coal crushers where coal is sized, and rapid loading systems where precise quantity of quality coal is loaded into wagons avoiding over or under loading. FMC replaces truck-based transportation to railway sidings and avoids manual loading through pay loaders. This leads to reduce

Coal India files draft papers for CMPDIL IPO to offload 7.14 crore shares

This move follows Coal India's announcement that draft papers for both CMPDIL and BCCL would be filed soon; only CMPDIL's IPO is in motion for now

Coal India begins process to list BCCL, CMPDI; to file DRHP soon: Official

The process of listing of two subsidiaries of Coal India Ltd - BCCL and CMPDI - has begun and draft papers would be filed soon with Sebi, the company on Monday said. Speaking to reporters on the sidelines of CII Mining and Construction Equipment Summit, Coal India Ltd (CIL) Director Business Development Debasish Nanda said, "We are going to file DRHP soon. We are working on that." DRHP is a preliminary document that a company files with markets regulator Sebi for a public offer. Nanda further said that Book Running Lead Manager (BRLM) for the IPO has just been appointed. The coal ministry had earlier said the listing of both firms - Bharat Coking Coal Ltd (BCCL) and Central Mine Planning and Design Institute (CMPDI) - will take place, but the timing will depend on market conditions. Coal India has seven coal-producing subsidiaries and one technical and consultancy company. The company accounts for over 80 per cent of the domestic coal production. It reported 12 per cent year-on-y

CIL to set up $3 bn worth clean energy projects to boost renewable heft

AM Green, in which the founders of India's Greenko Group have large stakes, targets to produce 5 million tons per annum (MTPA) of green ammonia by 2030