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Coal India Ltd is mainly engaged in mining and production of Coal and also operates Coal washeries. The major consumers of the company are power and steel sectors. Consumers from other sectors include cement, fertilizers, brick kilns etc.
Coal India Limited has informed the Exchange regarding a press release dated September 09, 2026, titled "NCL picks up Production and Dispatch pace as Monsoon recedes".
CIL's wholly-owned subsidiary, Mahanadi Coalfields (MCL), filed its DRHP for a proposed IPO. CIL plans to sell up to 661,836,300 equity shares. This potential divestment is subject to approvals and market conditions.
Coal India's total supplies rose 5.5% to 60.60 MT in August and 6.7% to 322.90 MT for the first five months of FY27. The company liquidated 55 MT of pithead stock, maintaining 76 MT inventory, and plans to boost production as dry months approach.
CIL's e-auction performance robust. In Aug, 82.76 Lakh Tonnes were allocated, fetching a 59% premium over notified prices. Cumulative allocation hit 477.40 Lakh Tonnes at a 46% premium, indicating sustained strong demand and pricing power.
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