World Largest Coal Producer $28 Billion Coal India Consulting Subsidiary Central Mine Planning & Design Institute Files India IPO & Plans for Subsidiary Bharat Coking Coal IPO
1st June | Hong Kong
The world’s largest coal producer Coal India ($28 billion market value) consulting subsidiary Central Mine Planning & Design Institute has filed for an India IPO, and is planning for subsidiary Bharat Coking Coal IPO. Profile – Coal India Limited (CIL) the state-owned coal mining corporate came into being in November 1975. With a modest production of 79 Million Tonnes (MTs) at the year of its inception CIL, today is the single largest coal producer in the world and one of the largest corporate employer with manpower of 228861(as on 1st April, 2024). Coal India Limited (CIL), classified as a ‘Maharatna’ enterprise under the Ministry of Coal, Government of India, has its headquarters situated in Kolkata, West Bengal. It holds the title of the largest coal producer globally. Across eight Indian states, CIL operates in 84 mining areas, managing a total of 313 active mines, consisting of 131 underground, 168 opencast, and 14 mixed mines. CIL possesses twelve subsidiary companies namely Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields Limited (CCL) , Western Coalfields Limited (WCL), South Eastern Coalfields Limited (SECL), Northern Coalfields Limited (NCL), Mahanadi Coalfields Limited (MCL), Central Mine Planning & Design Institute Limited (CMPDIL), CIL Navikarniya Urja Limited(CNUL), CIL Solar PV Limited (CSPL), Coal India Africana Limitada (CIAL) and Bharat Coal Gasification and Chemicals Ltd (BCGCL) (Date of incorporation-21.05.2024). Furthermore, CIL has five Joint Venture companies namely, Hindustan Urvarak & Rasayan Limited(HURL) ,Talcher Fertilizers Ltd.(TFL),CIL NTPC Urja Pvt. Ltd.(CNUPL), Coal Lignite Urja Vikas Private Limited (CLUVPL) and International Coal Venture Private Limited (ICVPL). CIL directly oversees the management of the mines in Assam, specifically North Eastern Coalfields (NEC). CIL has 21 training Institutes and 76 Vocational Training Centres. Indian Institute of Coal Management (IICM) as a state-of-the-art Management Training ‘Centre of Excellence’ – the largest Corporate Training Institute in India – operates under CIL and conducts multi-disciplinary programmes. Mahanadi Coalfields Limited, a subsidiary of Coal India Ltd is having four (4) Joint Ventures, SECL has two (2) Joint Ventures and CCL has one (1) Joint Venture.
“ World Largest Coal Producer $28 Billion Coal India Consulting Subsidiary Central Mine Planning & Design Institute Files India IPO & Plans for Subsidiary Bharat Coking Coal IPO “
World Largest Coal Producer $28 Billion Coal India Consulting Subsidiary Central Mine Planning & Design Institute Files India IPO & Plans for Subsidiary Bharat Coking Coal IPO
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