Coal India Ltd.

In the first 11 months of the current fiscal, state-run Coal India’s (CIL) arm - Central Coalfields (CCL), has suffered a production loss of around 1.6 lakh tonne (LT) due to naxal bandhs. The company is trying to make up the loss in production by increasing the coal production on other working days.

Besides, the government is likely to offload 10% of its holding in the world’s largest coal producer, Coal India through the offer-for-sale (OFS) route, in the next financial year. This will be the biggest disinvestment for the government in the 2013-14 fiscal. Through the public sector undertakings (PSU) stake sale next fiscal, the government will raise Rs 40,000 crore.