Coal India Board Approves CMD B Sairam As CEO Amid Production Push
Coal India Ltd has appointed its Chairman-cum-Managing Director B Sairam as Chief Executive Officer, consolidating leadership at the state-run coal major. The appointment comes as Coal India, which accounts for over 80% of domestic coal production, targets 875 million tonnes production for 2025-26 while pursuing critical minerals diversification.
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Coal India Ltd has appointed its current Chairman-cum-Managing Director, B Sairam, as the Chief Executive Officer of the company, marking a key leadership consolidation at the state-run coal major. The decision was taken by the company's board at its meeting held on December 26, 2024, in line with regulatory disclosures to stock exchanges.
Strategic Leadership Consolidation
Sairam's dual role as CMD and CEO underscores the Centre's push for agile management in the coal behemoth, which accounts for over 80% of the country's domestic coal production. This appointment gains significance as Coal India ramps up efforts to meet its 875 million tonne production target for 2025-26, while navigating critical minerals diversification strategies.
| Parameter: | Details |
|---|---|
| Position: | Chief Executive Officer |
| Effective Date: | From date of assuming charge |
| Duration: | Until superannuation or further orders |
| Board Meeting Date: | December 26, 2024 |
| Production Target: | 875 million tonnes (2025-26) |
| Market Share: | Over 80% of domestic coal production |
Professional Background
Sairam brings more than three decades of experience in the coal sector to his new role. Before taking over as CMD of Coal India, he served as CMD of Northern Coalfields Ltd, a wholly-owned subsidiary of Coal India. He has also held the role of Director (Technical) at Central Coalfields Ltd, where he was closely involved in coal logistics development, First Mile Connectivity projects, environmental clearances, and project planning for both greenfield and brownfield mines.
Educational Qualifications and Expertise
A graduate mining engineer from NIT Raipur with an MBA in Energy Management from NTPC School of Business, Sairam has played a pivotal role in large-scale rehabilitation and resettlement programmes and in securing regulatory clearances for uninterrupted coal production. His elevation as CEO is expected to strengthen Coal India's operational and strategic leadership going forward.
| Qualification: | Institution/Details |
|---|---|
| Engineering Degree: | Mining Engineering, NIT Raipur |
| MBA: | Energy Management, NTPC School of Business |
| Experience: | Over 30 years in coal sector |
| Key Areas: | Coal logistics, environmental clearances, project planning |
The appointment represents a strategic move by Coal India to consolidate its leadership structure under an experienced industry veteran with deep operational knowledge of the coal mining sector, particularly as the maharatna company focuses on meeting ambitious production targets and expanding into critical minerals diversification.
Historical Stock Returns for Coal India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.77% | +0.13% | +12.74% | +12.60% | +17.05% | +194.72% |
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