Coal India
Government owned coal producer in India / From Wikipedia, the free encyclopedia
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Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of India. It is headquartered at Kolkata.[2] It is the largest government-owned-coal-producer in the world.[4][5] It is also the ninth largest employer in India with nearly 272,000 employees.[6][7]
Native name | कोल इंडिया लिमिटेड |
---|---|
Company type | Central Public Sector Undertaking |
ISIN | INE522F01014 |
Industry | Mining, Refinery |
Founded | 1975; 49 years ago (1975) |
Headquarters | , India |
Area served | India |
Key people | PM Prasad (Chairman & MD)[1] |
Products | Coal |
Revenue | ₹150,293.06 crore (US$19 billion) (2024)[2] |
₹48,385.78 crore (US$6.1 billion) (2024)[2] | |
₹37,369.13 crore (US$4.7 billion) (2024)[2] | |
Total assets | ₹237,672.26 crore (US$30 billion) (2024)[2] |
Total equity | ₹83,581.90 crore (US$10 billion) (2024)[2] |
Owner | Ministry of Coal, Government of India |
Number of employees | 237803 (April 2023)[3] |
Website | www |
The PSU contributes around 82%[8] to the total coal production in India. It produced 554.14 million tonnes of raw coal in 2016–17,[9] an increase from its earlier production of 494.24 million tonnes of coal during FY 2014–15[10][8] and earned revenues of ₹95,435 crore (US$12 billion)[8] from sale of coal in the same financial year.[10][11] In April 2011, CIL was conferred the Maharatna status by the Government of India, making it one of the seven with that status.[12][13][14] As of 14 October 2015,[15] CIL is a PSU owned by the Central Government of India[16] which controls its operations through the Ministry of Coal.[4] As of 14 October 2015, CIL's market capitalisation stood at ₹2.11 lakh crore (US$26 billion) making it India's 8th most valuable company.[17][18][19]
CIL ranks 8th among the top 20 firms responsible for a third of all global carbon emissions.[20]