ChemBriefCoal India Plans $1 Billion MCL IPO This Month
State-owned Coal India is preparing to launch a $1 billion IPO for its unit Mahanadi Coalfields Ltd. in November or December, valuing the company at up to $10 billion.
bloomberg · 2026-11-02 20:34
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17 articles
Coal India Unit South Eastern Coalfields Files for IPO
South Eastern Coalfields Ltd., a subsidiary of state-run Coal India, filed for an IPO to sell up to 668.1 million shares. The offering could raise $800 million from the operator of 60 coal mines acros
bloomberg · 2026-11-01 19:46
Coal India misses profit view as costs rise amid strong demand
Coal India reported a 53% rise in quarterly net profit to 65.16 billion rupees, missing analyst estimates due to rising operational costs despite robust demand from power generation.
reuters · 2026-10-29 06:25
India shelves coal import mandate for power plants, Bloomberg News reports
India has abandoned plans to mandate coal imports for power plants due to high seaborne prices, opting instead to boost domestic output from Coal India amid rising electricity demand and low fuel stoc
reuters · 2026-10-19 04:45
Weak Monsoon Drives India September Power Deficit to Decade High
India's September power deficit hit a decade high as weak monsoons reduced hydropower and strained coal supplies, driving inventories to three-year lows and boosting Coal India's spot premiums.
bloomberg · 2026-09-30 22:17
Coal India Unit SECL Said to Hire Banks for $800 Million IPO
South Eastern Coalfields Ltd., a Coal India subsidiary, hired banks for an $800 million IPO expected to file by December. The listing supports the parent company's strategy to take key subsidiaries pu
bloomberg · 2026-09-25 08:11
Nearly a Third of India's Coal Power Plants Face Critical Low Fuel Stocks
Nearly one-third of India's coal-fired power plants operate with critically low fuel stocks amid high electricity demand. Data shows 59 plants have less than three days of inventory, prompting increas
reuters · 2026-09-11 02:06
Indian Shares to Fall as Widening Iran Conflict Sends Oil Higher
Indian equities opened lower as escalating Middle East conflict drove Brent crude to $96.6 per barrel, fueling inflation worries. Corporate highlights included Gland Pharma receiving zero observations
reuters · 2026-09-01 19:23
Coal India to Sell 10% Stake in Mahanadi Coalfields via IPO
Coal India intends to sell a 10% stake in Mahanadi Coalfields via IPO, a unit contributing 28.4% of the group's production. This listing occurs amidst a revival in India's primary market following oth
reuters · 2026-09-01 09:38
Coal India Plans Singapore Trading Hub to Hunt for Critical Mineral Assets, Sources Say
Coal India is establishing its first overseas trading office in Singapore to diversify into iron ore and critical minerals like lithium and bauxite. The state-run miner aims to secure overseas assets
reuters · 2026-08-20 01:03
Coal India Weighs Acquiring Wealth Minerals' Chile Lithium Unit, Sources Say
Coal India is considering acquiring a unit of Canada's Wealth Minerals to secure lithium assets in Chile, aiming to bolster its critical mineral reserves for energy storage and EV batteries. The trans
reuters · 2026-08-11 01:26
Coal India’s Profit May Dip as Iran War Lifts Mining Costs
Coal India expects a marginal 1% drop in first-quarter profit driven by soaring costs for explosives and diesel amid regional conflict. Despite strong sales growth, elevated inventory levels persist a
bloomberg · 2026-07-26 20:03
India's $2 Billion State Stake Sales Buck Equity Market Slowdown
India's government raised $2 billion through stake sales in six state-run companies, including Coal India and NHPC, providing a bright spot for the subdued capital market amid geopolitical tensions.
bloomberg · 2026-06-30 22:08
India Weighs Additional Steps to Attract Foreign Capital Inflows
India plans measures to attract foreign capital through bond market reforms and asset privatizations, including Coal India. Meanwhile, fertilizer subsidies increase due to rising crude oil prices.
bloomberg · 2026-06-09 06:04
Indian Shares Likely to See Muted Start, Focus on US-Iran Talks
Indian stocks may open flat as investors monitor US-Iran peace talks and regional conflicts. Attention also turns to Coal India's stake sale and ONGC's earnings, with Brent crude trading near $99 per
reuters · 2026-05-26 19:36
India to sell up to 2% stake in Coal India via offer for sale
The Indian government will sell up to 2% of its stake in state-run coal miner Coal India via an offer for sale at 412 rupees per share. This divestment contributes to the government's 800 billion rupe
reuters · 2026-05-26 08:06
Coal India asks units to ramp up supplies as heatwave fuels record power demand
State-run Coal India has ordered subsidiaries to boost coal dispatches as record power demand strains the grid during a severe heatwave. Twenty-one power plants face critically low stock levels, raisi
reuters · 2026-05-26 04:10