Coal India Inks MOU with Indian Port Rail to Boost Rail Infrastructure
Coal India Limited (CIL) has entered into a Memorandum of Understanding (MOU) with Indian Port Rail to improve rail infrastructure for CIL and its subsidiaries. This collaboration aims to enhance transportation capabilities, potentially leading to faster coal movement, reduced costs, improved supply chain efficiency, and better inventory management. The partnership is expected to involve joint planning and execution of rail infrastructure projects, addressing logistical challenges in the coal sector.
02Jun 25
Coal India: Marginal Decline in Production, Steady Offtake
Coal India, the country's largest coal producer, experienced a marginal 1.3% decrease in production to 63.5 million tonnes compared to the same period last year. However, offtake remained steady at 64.0 million tonnes, indicating stable demand. Over a broader timeframe, production saw a 0.5% decline while offtake increased by 1.8% year-over-year. Mahanadi Coalfields Ltd emerged as the leading subsidiary in terms of production.
28May 25
Coal India Secures Preferred Bidder Status for Strategic Mineral Block in Chhattisgarh
Coal India Limited (CIL) has been declared the 'Preferred Bidder' by the Ministry of Mines for the Oranga-Revatipur Graphite and Vanadium Block in Chhattisgarh. This marks a significant step in CIL's diversification strategy beyond coal, venturing into critical minerals. The move could open new revenue streams and strengthen CIL's position in the evolving energy and materials landscape. CIL is expected to execute the mining lease deed within three years. Additionally, the company reported strong quarterly performance with EBITDA exceeding expectations by 6%.
Coal India Advances Listing Process for CMPDIL and BCCL Subsidiaries
Coal India Limited (CIL) is progressing with the listing of its subsidiaries, Central Mine Planning and Design Institute Limited (CMPDIL) and Bharat Coking Coal Limited (BCCL). The Draft Red Herring Prospectus (DRHP) for both entities is under preparation, and Book Running Lead Managers (BRLMs) have been appointed through competitive tendering. This move is part of CIL's strategy to unlock value in its subsidiaries and potentially raise capital for future growth.
Coal India Ventures into Coal-to-Chemical Sector with New Subsidiary
Coal India Limited (CIL) has formed a new subsidiary, Coal Gas India, on March 25, 2025, to enter the coal-to-chemical sector. This joint venture with GAIL (India) Limited will see CIL holding a 51% stake and GAIL 49%. The subsidiary plans to establish a coal-to-synthetic natural gas plant in the Eastern Coalfields Limited area, leveraging CIL's coal reserves and GAIL's gas processing expertise. This strategic move aims to diversify CIL's operations, add value to coal resources, and explore cleaner coal uses.
08May 25
Coal India: Q4 Profit Rises 12%, Declares Final Dividend; Shares Up 1.5%
Coal India's Q4 FY2025 consolidated net profit rose 12% to 96.04 billion rupees, surpassing expectations. Revenue slightly decreased to 378.25 billion rupees. The company announced a final dividend of 5.15 rupees per share. Coal India signed an MoU with AM Green Ammonia (India) to supply renewable power for green ammonia projects, utilizing its 4.5 GW renewable energy portfolio. Despite strong results, analysts maintain mixed ratings due to flat e-auction premiums and volumes, and challenges from rising captive mine production.
07May 25
Coal India Inks MOU with AM Green Ammonia for Renewable Power Supply
Coal India Limited (CIL) has signed a Memorandum of Understanding with AM Green Ammonia (India) to supply renewable power for their green ammonia project in Kandla. The energy will be sourced from CIL's 4.50 GW renewable energy project(s), marking a significant step in CIL's diversification into renewable energy sources.
07May 25
Coal India Declares Rs 5.15 Per Share Final Dividend as Q4 Profit Surges 12%
Coal India Limited (CIL) has declared a final dividend of Rs 5.15 per share for FY 2024-25, totaling Rs 3173.80 crore. The company reported a 12% increase in Q4 net profit to Rs 9604.02 crore, despite a 1% revenue decline. CIL's Q4 EBITDA grew by 62.02% year-over-year to Rs 11110.70 crore, while sales volume increased by 18.66% to Rs 32359.00 crore. The operating profit margin improved from 19.12% to 27.49%, reflecting effective cost management and operational efficiency.
07May 25
Coal India's Q4 Profit Surges 12.45% YoY, Declares Final Dividend of Rs 5.15 Per Share
Coal India Ltd announced a 12.45% increase in Q4 FY24 consolidated net profit, reaching Rs 9,592.53 crore. Despite a slight revenue dip, EBITDA improved to Rs 11,959.00 crore with a 31.62% margin. The company declared a final dividend of Rs 5.15 per share. For FY24, total revenue grew 3.79% to Rs 150,293.10 crore, with net profit up 17.80% at Rs 37,369.10 crore. EPS improved to Rs 60.69, a 17.75% increase from the previous year.
05May 25
Coal India and UPRVUNL Join Forces for 500 MW Solar Project in Uttar Pradesh
Coal India Limited (CIL) has signed a Memorandum of Understanding with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to develop a 500 MW solar power project in Uttar Pradesh. The agreement, signed on May 5, 2025, in Lucknow, aims to contribute to green energy initiatives and meet the state's growing energy demand. This move represents CIL's diversification into renewable energy and aligns with global trends towards cleaner energy sources.
02May 25
Coal India Reports Slight Dip in April Offtake, Production Remains Steady
Coal India Ltd (CIL) reported a 1.20% decrease in coal offtake to 63.40 million tonnes for April 2025 compared to the previous year. Coal production remained relatively stable at 62.10 million tonnes, showing a marginal 0.50% increase. Mahanadi Coalfields Ltd (MCL) and South Eastern Coalfields Ltd (SECL) were the top-performing subsidiaries. Despite the slight dip, CIL maintains ambitious targets of 875.00 million tonnes production and 900.00 million tonnes offtake for FY 2025-26.