The Coal India share price will remain in focus on Wednesday. This follows its announcement of a price hike for coal, effective from April 16, 2025. Non-coking coal will see an increase from ₹10 to ₹20 per ton. Meanwhile, the price for coking coal will rise by ₹10 per ton. This price change will apply to both regulated and non-regulated sectors. The CIL Board approved the price hike at a meeting held recently to boost workers’ pension funds.
India’s coal imports showed a slight increase in January 2025. Coal imports rose by 1.23%, totaling 21.37 million tonnes (MT). This compares to 21.11 MT in January 2024. Based on news reports, the total coal imports for the April-January period of FY25 stood at 222.67 MT.
Non-coking coal imports during the period were 141.18 MT. This is a decrease from 146.86 MT in the same period last year. Coking coal imports also declined, reaching 45.88 MT. Last year, imports of coking coal stood at 47.32 MT.
In January 2025, non-coking coal imports were 12.33 MT. This is lower than the 13.40 MT imported in January 2024. Coking coal imports, however, increased slightly to 5.23 MT.
This is up from 4.50 MT in January 2024.
India’s coal production increased by 5.88% during April-January FY25. The country produced 830.66 MT of coal, compared to 784.51 MT last year. This increase reflects a steady rise in domestic coal output.
Coal India Limited (CIL), established in November 1975, is the world’s largest coal producer and one of the largest corporate employers with 272,445 employees. Operating 352 mines across 84 mining areas in India, CIL has 7 subsidiaries and several other establishments. A Maharatna company, it also manages coal washeries, training institutes, and a foreign subsidiary in Mozambique, enhancing its global presence.
Coal India’s price hike is a significant move that impacts both domestic and international markets. News reports suggest that Coal India produced nearly 781.1 million tonnes (MT) of coal in 2024-25. This is roughly 7% less than FY 25’s target of 838 MT. At 9.45 AM, the Coal India share price was down 0.80% and was trading at ₹394.45.
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Published on: Apr 2, 2025, 9:50 AM IST
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