Page 3 - Coal India

CIL earnings may stay under pressure amid weak volumes, market share loss

CIL earnings may stay under pressure in FY26 due to weak volumes, lower e-auction prices, rising costs, and growing market share of captive and commercial miners

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

Coal India to restart 32 mines to meet power needs as clean energy stalls

India's coal giant revives old mines and plans new projects as renewable capacity falls short of surging consumption

Coal India, Hindustan Zinc and Oil India win auction of mineral blocks

Regular auction of critical mineral blocks is an important element in the strategy adopted by the Ministry of Mines towards building self-sufficiency in critical minerals in the country

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

Supreme Court rejects Rajasthan discoms' appeal in Adani Power case

Supreme Court upholds Aptel ruling in favour of Adani Power, dismisses Rajasthan discoms' appeal over compensation linked to Coal India's levy under power agreement terms

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

Alpex Solar bags ₹1,068.84 cr orders, key tie-up with Coal India arm

Greater Noida-based Alpex Solar on Thursday said it has secured orders worth Rs 1,068.84 crore from various companies, including Coal India arm Central Mine Planning and Design Institute Ltd and Haryana Renewable Energy Development Agency. Alpex Solar, in consortium with NVNR Power & Infra Ltd, has secured a Rs 349.99 crore order from Central Mine Planning and Design Institute (CMPDIL), a subsidiary of Coal India, the company said in a statement. The project encompasses design, engineering, procurement, supply, construction, fabrication, erection, installation, testing, and commissioning of a grid-connected ground-mounted solar power plant at Nandan Washery, Kanhan area, under Western Coalfields. Alpex Solar holds a 70 per cent stake in the consortium. Under the project, the consortium will also construct a 32kV double-circuit transmission line from the main control station to the feeding substation, along with requisite bay extension works. Additionally, the company recently won

Stocks to Watch today, May 9: Britannia, Swiggy, Titan, Kalyan Jewellers

Stocks to Watch on May 9, 2025: Britannia, REC, Titan, Kalyan Jewellers, Paytm are among stocks that will remain on investors' and traders' radar today

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

Stocks to Watch, May 8: Britannia, Coal India, Dabur, Voltas, RIL, L&T, PNB

Stocks to Watch on May 8, 2025: Here is a list of stocks that will be on investors' and traders' radar on Thursday, May 8, 2025

Cabinet clears revamped SHAKTI policy for coal allocation to power firms

The revised SHAKTI policy introduces two windows for coal allocation, enabling access through auctions and easing processes for greenfield and brownfield thermal power projects

Coal India Q4 results: Profit up 12% at ₹9,593 cr, revenue drops slightly

Coal India reported a 12% rise in Q4 net profit while its annual profit and revenue declined marginally; board proposes final dividend of Rs 5.15 per share

Coal India Q4 results: Net profit rises 12% to ₹9,593, revenue down 1%

CIL reported a 1 per cent decline in revenue from operations to ₹37,824.54 crore in Q4FY25, compared with ₹38,213.48 crore in the year-ago period

Q4 results today: MRF, Coal India, Dabur, Blue Star, Voltas on May 7

Q4 FY25 company results today: 50 companies will post earnings reports for the January-March quarter on May 7

Coal India signs MoU with UPRVUNL to set up solar power plant in UP

State-owned CIL on Monday said it has signed an MoU with UPRVUNL to set up a 500 MW solar power project in Uttar Pradesh. The development is a part of initiatives of Coal India Ltd in the green energy space and to meet the growing energy demand of Uttar Pradesh. "Coal India Ltd (CIL) and UP Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) have executed a non-binding Memorandum of Understanding (MoU) on May 5, 2025 at Lucknow with an intent of setting of 500 MW Solar Power project in Uttar Pradesh," CIL said in a filing to BSE. The pact also includes provision for any additional opportunities which the parties mutually agree to collaborate in the foreseeable future. In April, Coal India had entered into a pact with Damodar Valley Corporation (DVC) for setting up an ultra supercritical power plant in Jharkhand with a total investment of Rs 16,500 crore. Ultra-supercritical power plants operate at higher steam temperatures and pressures than supercritical plants, leading to improved efficien

Coal India's April offtake drops 1.2% to 63.4 MT from year-ago level

State-owned Coal India Ltd (CIL) on Friday said its coal offtake dropped by 1.2 per cent to 63.4 million tonnes (MT) in April over the corresponding month of the previous fiscal. The offtake of the dry fuel by Coal India was at 64.2 MT in the year-ago period, the public sector undertaking said in a regulatory filing. Coal offtake refers to the volume of coal supplied from a coal pithead. It's different from coal production as it can include previously stored coal. Meanwhile, coal production by Coal India was almost flat at 62.1 million tonnes in April. It had produced 61.8 MT of coal in the year-ago period, the filing added. Coal India accounts for over 80 per cent of domestic coal output. 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 at 838 million tonnes (MT). Coal India Ltd is targetting a production of 875 million tonnes and offtake of 900 MT

Coal India signs pact with DVC for Rs 16,500 crore power project in J'khand

State-owned Coal India on Monday said it has entered into a pact with with Damodar Valley Corporation (DVC) for setting up a ultra supercritical power plant in Jharkhand with a total investment of Rs 16,500 crore. Ultra-supercritical power plants operate at higher steam temperatures and pressures than supercritical plants, leading to improved efficiency and reduced emissions. "Widening further its business diversification portfolio into thermal power generation, Coal India Ltd (CIL)...formally joined hands with Damodar Valley Corporation (DVC) to set up a coal fired 2 x 800 MW ultra supercritical power plant in Jharkhand," the PSU said in a statement. The brownfield project will be an expansion of existing Chandrapura Thermal Power Station which at present operates with the capacity of 2x250 mw. The total investment would be to the tune of Rs 16,500 crore. The joint venture company would be on 50 per cent equity sharing basis. Coal for the proposed power plants would be sourced fro

Coal India gains 2% as arm SECL inks ₹7,040 crore coal mining pact

Coal India stock was quoting at ₹402.80, up 0.99 per cent from Thursday, April 17 close of ₹398.85

Coal India eyeing lithium blocks in Australia, Argentina: Chairman Prasad

State-owned CIL is looking at lithium blocks in Australia and Argentina, company's Chairman P M Prasad said on Wednesday. Speaking on the sidelines of the 11th Asian Mining Congress and the 11th International Mining Exhibition, Prasad said Coal India Ltd (CIL) is targetting a production of 875 million tonnes (MT) and offtake of 900 MT in the 2025-26 fiscal year. The company accounts for over 80 per cent of domestic coal production. Prasad further said the Rs 10 per tonne price hike for both coking and non-coking coal with effect from April 16 will have minor impact on the company's revenue. CIL's pithead stock as on March 31, 2025 was 106 million tonnes, the highest so far. CIL's foray into critical minerals is driven by the need to reduce its reliance on coal and align with global trends prioritising these minerals for clean energy technologies.