Coal India (CIL) has made significant advances in strategic diversification and clean energy, while maintaining robust operational and financial performance in FY 2024–25. A major milestone was the incorporation of Coal Gas India on March 25, 2025—a joint venture with GAIL (India) (CIL: 51 per cent, GAIL: 49 per cent) to set up a state-of-the-art Coal-to-Synthetic Natural Gas (SNG) plant in the ECL command area.

In another pioneering move, Dugda Coal Washery of BCCL became India’s first monetized coal washery, with a Letter of Intent issued on March 28, 2025. Furthering clean energy research, CIL signed an MoU on March 7, 2025, to establish the Centre of Clean Coal Energy and Net Zero (CLEANZ) in Hyderabad.

On the renewable front, CIL commissioned its largest solar power project—a 50 MW plant at Nigahi, Northern Coalfields—in November 2024. Operational excellence was evident as the Ib Valley Washery (MCL), India’s largest non-coking coal washery (10 MTPA), began operations in April 2024, generating Rs 3.14 billion in revenue. CIL also entered the critical minerals sector, winning India’s first graphite block at Khattali Chotti, Madhya Pradesh.

Physical performance remained steady, with FY 2024–25 coal production at 781.05 MT (up 1 per cent), OB removal at 2,018.20 M.CuM (up 3 per cent), and offtake at 763.06 MT (up 1 per cent). Despite a slight dip in annual revenue to Rs 1.43 trillion, profit before tax stood at Rs 469.66 billion, and PAT at Rs 353.02 billion. CIL recommended a total dividend of Rs 26.50 per share, a 10 per cent increase from the previous year.

These developments highlight CIL’s strong commitment to innovation, sustainability, and value creation.