Coal India Ltd.

The coal ministry has floated a draft cabinet note for seeking inter-ministerial views on the proposal to list 25 percent shares of Coal India’s (CIL) arm Bharat Coking Coal (BCCL). As a part of Coal India restructuring, the government has decided on an initial listing of 25 percent shares of Bharat Coking Coal.

As advised by MoC (Ministry of Coal), CIL Board in its 438th meeting held on March 10, 2022, had accorded its 'in-principle' approval to divest 25 percent of paid-up share capital of BCCL held by CIL and its subsequent listing on stock exchanges and advised to forward the proposal to Ministry of Coal for obtaining further clearances.

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.