Bumper batch of reforms in Coal India: PMO orders listing of all subsidiary companies by 2030

New Delhi. To improve corporate governance and accountability, the Prime Minister’s Office (PMO) has directed the Coal Ministry to list all the subsidiaries of state-owned Coal India Limited (CIL) on the stock exchange by 2030. Sources gave this information. The move is aimed at streamlining governance at CIL, enhancing transparency and creating value through asset monetization. Coal India Limited contributes more than 80 percent of the country’s total domestic coal production. According to highly placed sources, there is a plan to list all the subsidiary companies of Coal India by 2030.

He said on the condition of anonymity that this instruction has been given directly by the PMO to strengthen the functioning of the company. Coal India operates through its eight subsidiaries, which include Eastern Coalfields Limited, Bharat Coking Coal Limited, Central Coalfields Limited, Western Coalfields Limited, South Eastern Coalfields Limited, Northern Coalfields Limited, Mahanadi Coalfields Limited and Central Mine Planning and Design Institute Limited.

According to sources, Bharat Coking Coal Limited (BCCL) and Central Mine Planning and Design Institute Limited are to be listed in the stock market by March 2026, for which all preparations have been completed. BCCL’s domestic and international roadshows have also been completed. Sources said that the process of listing Bharat Coking Coal Limited is going on at full speed and there is no stop or delay in it.