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The Latest Breaking News from Coal India

CIL arm BCCL begins commercial operation at coal washery in West Bengal

Bharat Coking Coal Limited has started commercial operations at its new 2 million tonne per annum Bhojudih coking coal washery in West Bengal. This facility will increase the supply of washed coal to India's steel industry. The move aims to reduce the country's heavy reliance on imported coking coal.

The Economic Times

Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities

Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector's strong run, he cautions about potential headwinds. Mehta sees significant growth in power transmission and equipment due to India's renewable energy push.

The Economic Times

Coal India shares drop 6% after OFS launch. Buy the dip or wait? Here’s what technical indicators suggest

Coal India shares fell over 6% after the government announced a Rs 5,000 crore offer for sale at a 10% discount to the previous closing price. Analysts said the stock’s near-term trend has turned cautious, with key support levels around Rs 428–430 and resistance seen near Rs 455–460.

The Economic Times

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Coal India shares slide 6% after PSU prices Rs 5,000 crore OFS at 10% discount

Coal India shares dropped after the government announced plans to sell up to a 2% stake in the company through an Offer for Sale (OFS). The floor price was set at Rs 412 per share, about 10% lower than the previous NSE closing price of Rs 458.15.

The Economic Times

Stocks in news: Coal India, Marico, Fino Payments Bank, L&T, Physicswallah

Indian markets closed lower amid global volatility and geopolitical concerns, with analysts expecting continued choppiness due to monthly expiry. Several stocks like Coal India, Marico, and L&T are in focus due to news developments, including government stake sales, new product launches, and order wins.

The Economic Times

Govt to offload up to 2% stake in Coal India via OFS on May 27-29; floor price at Rs 412/share

The government will divest up to a 2% stake in Coal India through an offer for sale scheduled across May 27 and May 29. The OFS floor price has been fixed at Rs 412 per share, nearly 10% below Coal India’s Tuesday closing price on the NSE.

The Economic Times

Coal India arm SECL vows to meet nation's energy needs as power demand hits record high

Coal India arm South Eastern Coalfields Ltd's (SECL) CMD Harish Duhan said during the ongoing financial year 2026-27, SECL has made the highest contribution of 26.86 million tonnes towards Coal India's production milestone of 100 million tonnes achieved so far.

The Economic Times

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Coal India dismisses shortage fears; says 168 MT buffer available to meet rising demand

Coal India has built a substantial buffer of 168 million tonnes to meet rising summer power demand. Stocks at power plants and mine heads are robust, ensuring adequate supply for domestic coal-based plants. This proactive measure addresses concerns about potential shortages. India's peak power demand has reached new highs due…

The Economic Times

Coal India plans syngas projects near gas-based power, DRI and fertiliser units as gas supply tightens

In a strategic move to bolster energy security, Coal India is gearing up to establish new coal-to-syngas facilities strategically positioned at mine pitheads or close to industrial users. This initiative comes in light of recent global gas supply challenges, prompting the company to actively seek partnerships with developers and industrial…

The Economic Times

Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stake

The government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake. MCL may raise fresh capital through multiple routes, marking another major PSU divestment initiative aimed at expanding investor participation in state-owned enterprises.

The Economic Times

Parag Parikh Flexi Cap Fund increase stake ITC, TCS, HDFC Bank and 14 other stocks in April

Parag Parikh Flexi Cap Fund boosted its holdings in ITC, TCS, and HDFC Bank during April. The fund also increased its stake in fourteen other companies, including Indraprastha Gas and HCL Technologies. Exposure was reduced in Coal India and Power Grid Corporation of India. The fund made a complete exit…

The Economic Times

‘Wrong side of history’: Report ties top polluters to countries blocking fossil fuel phaseout

Many state-owned fossil fuel firms that emitted the highest levels of pollution in 2024 went on to block a phaseout roadmap at COP30.

Euronews

The swagger’s gone: What the last two decades taught me about India’s fading growth dream

Because something is happening here but you don't know what it is Do you, Mr. Jones?– Bob Dylan, Ballad of a Thin Man, Highway 61 Revisited, 1965. I was offered my first job in Mumbai on a very rainy day in September 2005, a few weeks after we had celebrated the…

Newslaundry

Half of world’s CO2 emissions come from 36 fossil fuel firms, study shows

Researchers say data strengthens case for holding firms to account for their contribution to climate crisis

The Guardian - UK

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Dynamite News

Assam Mine Tragedy: Coal India brings in 500 GPM pump to dewater mine

A joint rescue operation of the Indian Army, Assam Rifles, NDRF, SDRF teams and other agencies continued on Friday to rescue 8 people who have been trapped in a coal mine at 3 Kilo. Read further on Dynamite News:

The Guardian - UK

Just 57 companies linked to 80% of greenhouse gas emissions since 2016

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

The Times of India

Chhattisgarh-based SECL achieves 100 million tonnes of coal dispatch for FY 23-24, fastest since its inception

RAIPUR: Chhattisgarh-based Coal India subsidiary South Eastern Coalfields Limited (SECL) has achieved 100 million tonnes of coal dispatch for FY 23-24. This is the fastest 100 MT coal dispatch achieved by the company since its inception. Last year the company had dispatched around 85 million tonnes of coal in the…

The Hindu

Tamil Nadu’s daily coal stock availability declines

Tamil Nadu's coal stock availability down to 1.5M tonnes; sufficient to run Tangedco's power plants for 10 days. Renewable energy generation (wind & solar) in Aug (till 10th) 1,328.85M units. Coal India supplied 4.5MMT of coal in 1st Q of 2023-24. Railways likely to increase coal transportation capacity by 185MT…

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The Hindu

India will not face any shortage of coal this year: Coal Minister Pralhad Joshi

Union Minister of Coal and Mines Pralhad Joshi assures that India will not face any shortage of coal this year even during the monsoon

Newslaundry

Northeast India’s largest coal mine went to a company that violated bidding rules

On March 2, Coal Pulz Private Ltd, a private company registered in October 2020, won the bid for the Namchik Namphuk coal mine in Arunachal Pradesh. With nearly 15 million tonnes of geological coal reserves, Namchik Namphuk is the largest commercial coal mine in northeast India, producing one of the…

The Times of India

Coal India to boost supplies to power plants as heat waves loom

NEW DELHI: Coal India Ltd, which accounts for about four-fifths of the nation’s output of the fuel, is aiming to boost supplies to power plants this summer as unusually hot weather drives electricity demand.

The Times of India

Govt mulls selling 5-10% stakes in Coal India, Hindustan Zinc

NEW DELHI: India plans to sell small stakes in state-run firms including the world’s biggest coal miner and Asia’s largest zinc producer, to ride a stock market boom and boost revenue in the final quarter of the financial year, according to people familiar with the matter.

The Times of India

CIL’s green push: 1,190 MW solar plant in Rajasthan

NEW DELHI: State-run Coal India will set up a solar power project with a capacity of 1,190 mega watt in Rajasthan as part of its carbon mitigation plan, the coal ministry said on Thursday.

The Guardian - UK

‘Reckless’ coal firms plan climate-busting expansion, study finds

Coal is the most polluting of all fossil fuels and investors must stop funding it, say campaigners

The Hindu

With comfortable coal stocks, no power crisis this festive season, officials say

The Coal Ministry is also coordinating with Railways for rakes for smooth supply of coal to the power sector

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