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Coal India

Industrials In Kolkata, West Bengal, India

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About Coal India

Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of India. It is headquartered at Kolkata. It is the largest government-owned-coal-producer in the world. It is also the seventh largest employer in India with nearly 272,000 employees.

The PSU contributes around 82% to the total coal production in India. It produced 554.14 million tonnes of raw coal in 2016–17, an increase from its earlier production of 494.24 million tonnes of coal during FY 2014–15 and earned revenues of ₹95,435 crore (US$12 billion) from sale of coal in the same financial year. In April 2011, CIL was conferred the Maharatna status by the Government of India, making it one of the seven with that status. As of 14 October 2015, CIL is a PSU owned by the Central Government of India which controls its operations through the Ministry of Coal. As of 14 October 2015, CIL's market capitalisation stood at ₹2.11 lakh crore (US$26 billion) making it India's 8th most valuable company.

CIL ranks 8th among the top 20 firms responsible for a third of all global carbon emissions.

Coal India Services

Criticism

Operating 239 mines without environment clearance: In September 2011, CAG criticised CIL for operating 239 mines in seven coal producing subsidiaries, which existed prior to 1994, without environmental clearance. These mines included 48 open-cast, 170 underground and 21 combined mines. In its report, the CAG also pointed out that of the 18 sample open-cast and eight underground mines, ten mines had undertaken capacity expansion without environmental clearances. The company, in its reply, said that applications for clearances to the projects have already been submitted to the Ministry of Environment and Forests.

Coal mines near Tiger Reserves: In India, some coal mines are located near/below the tiger reserves. Mining or construction of administrative offices in/near these reserves disturbs the wildlife. Hence environmental organisations like Greenpeace have been opposing mining in these areas. Around 50% of the energy requirements of India are met by coal. Hence the protection of wildlife is sometimes overlooked due to this fact. In its argument, the CIL said that in many cases it only does underground mining which does not hurt the forests above.

Accidents during mining: CIL in its Annual Report for FY 2012-13 reported lowest ever figures of average 66 deaths and 251 serious accidents per year for the period 2010-2012 indicating that safety at workplace is improving over the years. Critics claim that the safety practices in most mines are inadequate, which is causing too many casualties. It is also claimed that many accidents and deaths are not recorded and hence are not part of 'official figures'.

Carbon Emissions: CIL ranks 8th among the top 20 firms behind a third of all global carbon emissions

Coal India Headquarters

Kolkata, West Bengal, India

Support

Company Email: [email protected]
Company Contact Number: 2324 5555, 033 -7110 - 4108 / 4109, PBX : 033-71104107, 033-23246545

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