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Government of India >  Public Sector Undertakings (PSUs) > Coal India Ltd
Coal India Ltd
The company is incorporated under the Companies Act, 1956 and is wholly owned by the Government of India (GOI). Company's objective is to promote the development and utilisation of the coal reserves in the country for meeting the present and likely future requirement of the nation with due regard to need for conservation of non-renewable resources and safety of mine workers.

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Contact Details
Office Address:Coal India Ltd
10 Netaji Subhas Rd
Kolkata, WB, 700001
Phone : +91-33-22488099
Fax : +91-33-22435316
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News
Coal India to soon name merchant banker for Australian buy
Posted on 11th June 2019
In its quest for coking coal assets, government-owned Coal India Ltd is looking at acquiring a mine in Australia and will soon appoint a merchant banker to handle the transaction. The PSU board, which will meet here on June 19, will finalise the terms of the Notice Inviting Tender (NIT).

Currently, CIL is not able to met the entire demand for coking coal from local steel makers from its own mines and resorts to imports. Read More


Coal India’s fourth quarter profit zooms to Rs 6,024 crore
Posted on 31st May 2019
Coal India on Thursday beat analyst estimates by reporting a whopping 362% year-on-year jump in its consolidated net profit to Rs 6,024.23 crore for the March quarter of FY19.

For the entire year, the growth in profit was 148% to Rs 17,462.18 crore as against Rs 7,038.44 crore in the last fiscal. Read More


Coal imports to surge to a record in 2019, shipments will climb 11%: Adani
Posted on 10th May 2019
India’s thermal coal purchases are expected to surge to a record this year and remain robust through the next decade as domestic supply lags demand, according to the country’s largest importer.

Overseas shipments will climb almost 11% to 184 million metric tons during the financial year started April 1, and rise further to average about 200 million annually through the following decade, according Vinay Prakash, chief executive officer for coal and mining at Adani Enterprises Ltd. Read More


CIL shuts underground mining with Centre push to convert all mines profitable
Posted on 26th April 2019
The Centre’s push to convert all Coal India Ltd (CIL) mines as profit-making mines has resulted in the closure of underground mines across subsidiaries since underground operations are not cost-effective.

The Centre’s push to convert all Coal India Ltd (CIL) mines as profit-making mines has resulted in the closure of underground mines across subsidiaries since underground operations are not cost-effective. Read More


SECL crosses 150 million tonne coal production in FY19; first company in India to do so
Posted on 29th March 2019
The South Eastern Coalfields Ltd (SECL) has become the first company in the country to have crossed coal production figure of 150 million tonnes in a financial year. The SECL achieved the record during the 2018-19 fiscal and crossed the 150 million tonnes mark on March 20, a company official said. Read More
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