Coal India Ltd.

Credit rating agency, CRISIL has reaffirmed ‘AAA/Stable’ rating on bank facilities of Coal India (CIL). The rating agency has also reaffirmed ‘A1+’ rating on short-term debt programme of the company. The ratings continue to reflect the strategic role that the company plays in helping India meet its energy requirements. The ratings also factor in the company's near-monopoly status in India, healthy profitability levels, and strong financial risk profile.

These rating strengths are partially offset by CIL’s exposure to the influence of socio-political factors, to regulatory risks, and to constraints in the coal distribution and evacuation infrastructure, in the coal mining industry in India.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.