COALINDIA.NSECoal India Limited
COALINDIA.NSE
Coal India Limited13,515
Coal India’s sales rise for first time in six months on gas crunch, summer demand
NEW DELHI: Coal India’s sales in March grew for the first time in six months, the company said on Wednesday, indicating a ramp-up in coal stocks ahead of peak summer amid a shortfall in gas supply due to the U.S.-Israeli war against Iran. Coal India’s offtake, or sales to customers, rose 0.7% to 69.5 million tons in March, despite a 1.5% drop in its provisional output to 84.5 million tons, the company said in a stock exchange filing. The state-run company accounts for over 80% of the country’s production and is the world’s largest coal miner by output. Coal India’s offtake fell for six consecutive months after a 7.6% jump in August, boosting inventory levels at power plants as temperate weather dented India’s power demand in 2025. The higher stocks have kept import demand subdued despite the peak summer season approaching, said Vasudev Pamnani, director at Gujarat-based coal trader iEnergy Natural Resources. Coal India unit Central Mine Planning’s $199 million IPO fully subscribed on final bidding day Domestic coal remained relatively more attractive in certain segments, he said, adding that disruptions in liquefied natural gas supply and reduced gas-based power generation are expected to boost reliance on coal for power generation.
cityfalcon.com·1d ago
SECL becomes only CIL subsidiary to register positive growth in production, offtake and OBR in FY 2025-26
Bilaspur (Chhattisgarh) [India], April 1 (ANI): 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). SECL recorded coal production of 176.2 million tonnes, reflecting a growth of 5.26% (8.8 MT) o
cityfalcon.com·1d ago
CMPDI Invites Bids for 25 MW Solar Power Project in Dhanbad
The Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India, has invited bids to develop a 25 MW solar power project for Bharat Coking Coal at the Dugdha Coal Washery in Dhanbad, Jharkhand. The successful bidder will also be responsible for the operation and maintenance of the project for ten years.
cityfalcon.com·2d ago
MCL disinvestment: Centre plans to sell 25 per cent stake in Odisha’s key coal PSU
The Centre is set to divest a 25 per cent stake in Mahanadi Coalfields Limited (MCL) , following a strategy similar to earlier stake sales in other subsidiaries, B Sairam, Chairman of Coal India Limited (CIL). Speaking to mediapersons during his visit to the Talcher coalfields, Sairam stated that the proposed disinvestment is aimed at unlocking the company’s growth potential and supporting future expansion. He noted that MCL’s coal enjoys strong demand across a wide range of consumers. Highlighting the importance of key mining regions, he said coalfields such as Talcher, Jharsuguda, Korba and Singrauli continue to play a major role in the country’s overall coal output. According to a report by The New Indian Express, CIL is targeting around 781 million tonnes of coal output in the current financial year. However, dispatch figures may fall slightly below expectations due to a temporary dip in demand. He expressed optimism that demand would improve in the coming months, helping bridge the gap.
cityfalcon.com·3d ago
Coal India unit Central Mine Planning valued at $1.3 billion in muted debut
CENTRAL Mine Planning & Design Institute, a unit of state-run Coal India, made a tepid trading debut on Monday, pressured by broader market weakness tied to the month-long Middle East conflict and concerns over the company’s reliance on its parent. Shares of Central Mine Planning, which provides consultancy and support services for coal and mineral exploration, listed at 160 rupees on the National Stock Exchange of India, below their issue price of 172 rupees. The shares were at 165.5 rupees at 10:21 a.m. IST, valuing the firm at 117.67 billion rupees ($1.25 billion). India’s benchmark Nifty 50 was down 1.2 percent. Central Mine Planning’s $199-million initial public offering (IPO) comes at a time when investors are pulling money out of risk assets globally as the US-Iran war on Iran drives crude oil prices higher, raising growth and inflation worries. “We had a neutral view on the IPO given the company’s high dependence on Coal India for revenue. The weak listing can also be attributed to volatile markets, where the focus right now is just the Middle East war,” said Anita Gandhi, head of institutional business at Arihant Capital Markets.
cityfalcon.com·3d ago
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