Coal India announced that P.D. Sharma, on attaining the age of superannuation, relinquished the charge as Executive Director (Materials & Contracts) of Coal India with effect from 01 April 2025.Powered by Capital Market - Live News

Coal India announced the incorporation of Coal Gas India on 25 March 2025. The new company is a joint venture with GAIL (India) to set up the Coal to Synthetic Natural Gas (SNG) business.Powered by Capital Market - Live News

Coal India (CIL) and the Non-Ferrous Materials Technology Development Centre (NFTDC)�an autonomous, self-financing R&D institution under the Ministry of Mines, Government of India have executed a Non-Binding Memorandum of Understanding (MoU) on 15 March 2025, at Hyderabad. Under this collaboration, CIL and NFTDC will jointly work on technology development and expertise enhancement in the field of critical minerals.Powered by Capital Market - Live News

Coal India (CIL) in a latest decision has done away with the financial coverage, of ten days of coal value that its non-power sector (NPS) consumers were required to pay CIL for the coal they receive through rail mode. With the waiver of financial coverage, CIL takes an important step towards reducing transactional complexities and fostering an environment that encourages smooth and efficient business operations.�The latest decision is one more step in CIL`s ongoing efforts to streamline operations under the broader ease of doing business initiative. This also helps reducing financial burden for NRS consumers and improve their cash liquidity� said a CIL executive.The liquidity availability enables consumers to use the freed-up capital for other operational needs and reduce the working capital pressure. During the ongoing financial year CIL supplied about 560 million tonnes (MT) of coal to power sector and nearly 134 MTs to NPS consumers till February. The offtake through rail mode accounted for 55% of CIL`s total supplies.This initiative is also part of CIL`s broader vision to optimize and modernize coal supply processes for all sectors, aligning with the government`s ongoing push to make business operations more transparent, accessible, and cost-effective for industries across India. Powered by Capital Market - Live News

The Board of Coal India at its meeting held on 27 February 2024 has approved the following: - Singrauli Punarasthapan Charge� of Rs. 300/- per tonne, over and above the notified price of coal shall be levied uniformly across all mines of Northern Coalfields on and from 1 May 2025. - The expected additional revenue will be around Rs 3877.50 crore. Powered by Capital Market - Live News