#NSE0063– Coal India Limited
Coal India Ltd (CIL) is a state-owned entity and the largest coal-producing company in India. The company is primarily involved in the mining and production of coal and operates coal washeries to improve the quality of raw coal. CIL plays a crucial role in India’s energy sector, supplying the bulk of its coal to major industries like Power Sector,Steel Sector,Cement Industry,Fertilizer Industry,Brick Kilns.
Ownership Structure of Coal India Ltd (March2024)
- Promoters: +63.13%
- Foreign Institutional Investors (FIIs): +8.41%
- Domestic Institutional Investors (DIIs): +23.18%
- Public: +5.16%
Coal India Ltd (CIL) has reported a peak coal production of 703.2 million tonnes (MT) for the fiscal year 2022-23. Furthermore, CIL has set an ambitious target to achieve a production level of 1 billion tonnes (BT) by the fiscal year 2025-26.
Coal India Ltd (CIL) operates through several subsidiaries, each responsible for coal production in different regions of India. Here’s an overview of the seven key coal-producing subsidiaries of CIL:
1. Eastern Coalfields Ltd. (ECL)
2. Bharat Coking Coal Ltd. (BCCL)
3. Central Coalfields Ltd. (CCL)
4. Northern Coalfields Ltd. (NCL)
5. Western Coalfields Ltd. (WCL)
6. South Eastern Coalfields Ltd. (SECL)
7. Mahanadi Coalfields Ltd. (MCL)
Planning & Design Subsidiary
Central Mine Planning & Design Institute (CMPDIL)
Diversification Subsidiaries
1. CIL Solar PV Limited
Awarded Solar Projects
- Scope: Execution of 379 MW Solar Photovoltaic (SPV) Solar Projects.
- Locations:
- MCL: 50 MW
- ECL: 35 MW
- NCL: 50 MW
- SECL: 40 MW
- WCL: 15 MW
- BCCL: 25 MW & 20 MW
- CCL: 20 MW & 24 MW
- GUVNL: 100 MW
2. CIL Navikarniya Urja Limited
Foreign Subsidiary of CIL
Coal India Africana Limitada (CIAL)
FY23 Project Approvals
- Total Projects Approved: 24 Coal Mining Projects
- Total Capacity: 140.30 million tonnes per year (MTY)
- Incremental Capacity: 58.98 MTY
FY24 (9M) Project Approvals
- Total Projects Approved: 5 Coal Mining Projects
- Total Capacity: 60.04 MTY
- Incremental Capacity: 33.24 MTY
Implementing a gradual reduction of around 5% in manpower annually over the next 5-10 years, starting from the FY23 base of 2,39,210 employees.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
