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21 June 2024 | 12:00

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ISIN No INE522F01014 BSE Code / NSE Code 533278 / COALINDIA Book Value (Rs.) 134.24 Face Value 10.00
Bookclosure 20/02/2024 52Week High 527 EPS 60.69 P/E 7.91
Market Cap. 295934.21 Cr. 52Week Low 223 P/BV / Div Yield (%) 3.58 / 5.31 Market Lot 1.00
Security Type Other


You can view full text of the latest Director's Report for the company.
Year End :2023-03 

Ladies and Gentlemen,

On behalf of the Board of Directors, I have great pleasure in presenting to you, the 49th Annual Report of Coal India Limited (CIL) and Audited Accounts for the year ended 31st March, 2023 together with the reports of Statutory Auditors and Comptroller and Auditor General of India thereon.

Coal India Limited (CIL) is a ‘Maharatna’ company under the Ministry of Coal, Government of India with headquarter at Kolkata, West Bengal. CIL is the single largest coal producing company in the world and one of the largest corporate employers with manpower of 239210 (as on 1st April, 2023). CIL operates through 83 mining areas spread over eight (8) states of India. Coal India Limited has 322 mines (as on 1st April, 2023) of which 138 are underground, 171 opencast and 13 mixed mines.

CIL has eleven fully owned subsidiary companies viz. Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields Limited (CCL), Western Coalfields Limited (WCL), South Eastern Coalfields Limited (SECL), Northern Coalfields Limited (NCL), Mahanadi Coalfields Limited (MCL), Central Mine Planning & Design Institute Limited (CMPDIL), CIL Navikarniya Urja Limited for development of non-conventional/ clean & renewable energy and CIL Solar PV Limited for development of solar photovoltaic module. CIL has a foreign subsidiary in Mozambique namely Coal India Africana Limitada (CIAL). Further CIL has five Joint Venture companies- Hindustan Urvarak & Rasayan Limited, Talcher Fertilizers Ltd., CIL NTPC Urja Pvt. Ltd., Coal Lignite Urja Vikas Private Limited & International Coal Venture Private Limited.

The mines in Assam i.e. North Eastern Coalfields (NEC) is managed directly by CIL.

Mahanadi Coalfields Limited, a subsidiary of Coal India Ltd is having four (4) Subsidiaries, SECL has two (2) Subsidiaries and CCL has one (1) subsidiary.


1.    CIL produced 703.20 MT during 2022-23 which is the highest production achieved since its inception. Production for the year represented an increase of 80.57 MTs i.e. 12.94 % growth over last year’s production of 622.63 MTs.

2.    MCL became the highest coal producing subsidiary for the financial year 2022-23.

3.    CIL coal off-take of 694.69 MTs in 2022-23 is the highest whopping 32.80 MT increase over 2021-22.

4.    ERP implemented and have become live across all subsidiaries of Coal India Limited as a result for the first time CIL was able to declare its Financial Results within 37 days from the closure of financial year.

5.    19% (Nineteen Percent) Minimum Guaranteed Benefit (MGB) w.e.f. 01.07.2021 on emoluments (i.e. Basic, VDA, SDA & Attendance Bonus) as on 30.06.2021 and 25% increase in allowances have been granted in NCWA XI to Non-executives.

6.    The President of India (acting through the Ministry of Coal, Government of India), the promoter of the Company has sold 9,24,40,924 equity shares of face value of 10 each in Offer For Sale ( OFS) (representing 1.50% of the total paid up equity share capital of the Company) on June 1, 2023 (for Non-Retail Investors only) and on June 2, 2023 (for Retail Investors and for Non-Retail Investors who choose to carry forward their un-allotted bids) with an option to additionally sell 9,24,40,924 equity shares (representing 1.50% of the total paid up equity share capital of the Company). Hence, they have sold 18,48,81,848 equity shares (representing 3.00% of the total paid up of the equity share capital) of the Company to Non-Retail Investors and Retail Investors on the basis of valid bids received on June 1, 2023 and June 2, 2023. The total proceeds of the OFS aggregates to 4185.31 crore. In addition, 16,767 equity shares have been transferred by the president of India for allotment under 'Employee OFS' amounting to 37.91 Lakhs.


2.1 Financial Results (CIL Consolidated)

For the Financial Year 2022-23 CIL has achieved an aggregate Profit Before Tax of 38,000.81 crore and Profit After Tax of 28,124.94 crore as against Profit Before Tax of 23,616.28 crore and Profit After Tax of 17,378.42 crore in 2021-22. The subsidiary wise details of Pre-tax Profit are given in Annexure 1.

Highlights of performance

The performance highlight of Coal India Limited (Consolidated) for the Financial Year 2022-23 compared to the previous year are shown in the table below:


As on 31-03-2023

As on 31-03-2022

Production of Coal (in million tonnes)



Off-take of Coal (in million tonnes)



Sales (Gross) (H/crore)



Closing Capital Employed (H/crore)



Net Worth (H/crore)



Profit Before Tax (H/crore)



Profit for the Year (H/crore)



Total Comprehensive Income for the year (H/crore)



Return on Average Capital Employed (%)



Return on Average Net Worth (%)



Earnings Per Share (H) (Considering Face Value of H.10 per share)



Dividend per Share (H)1 (Considering Face Value of 10 per share)



Inventory Turnover Ratio (as no. of months)



Debtor Turnover Ratio (as no. of months)



‘Dividend per share includes Final Dividend and Interim Dividend. For FY 2022-23, final dividend of H 4.00 is subject to approval of shareholders in AGM.


Transfer to Reserves

During the Financial Year 2022-23, a sum of 1326.83 crore (previous year H862.41 crore) was transferred to General Reserves out of CIL Consolidated profits.

2.2 Dividend Income and Pay Outs (CIL Standalone)

While the financial statements of both CIL (Standalone and Consolidated) are presented separately, only CIL Standalone is listed and relevant for dividend payment to its shareholders. The dividend to its shareholders are paid out of CIL’s Standalone income, the major part of which constitutes the dividend income received during Financial Year 2022-23 from its subsidiaries i.e. CCL,NCL,SECL,MCL and CMPDIL. The breakup of such dividend received and accounted for during the year from different subsidiaries are given in Annexure 2.

Equity holding of Government of India of CIL stands at 66.13% of Total Equity share capital as at 31st March, 2023.

During the Financial Year 2022-23, CIL Standalone had paid interim dividends aggregating 12479.57 crore @ 20.25 per share against face value of 10/- each fully paid up. Out of above total interim dividend, the share of Government of India was 8253.16 crore and for other shareholders, 4226.41 crore. (Previous Year - Total Interim Dividend 8627.82 crore; Government of India - 5705.89 crore and Other Shareholders - 2921.93 crore).

Coal India has also paid final dividend of 1848.82 crore @ 3.00 per share for Financial Year 2021-22. Out of final dividend of Financial Year, the share of Government of India was 1222.69 crore.

Further, Board of directors of the company have recommended a final dividend of 4.00 per equity share

for the Financial Year 2022-23 on 07th May, 2023 which is subject to the approval of shareholders in the Annual General Meeting (AGM) of the company to be held for the financial year 2022-23.

2.3    Supplementary Audit of Financial Statements by Comptroller and Auditor General of India (C&AG).

The comments of C&AG on supplementary audit under Section 143 (6)(b) [and also read with Section 129 (4)] of the Companies Act, 2013 of Standalone and Consolidated Financial Statements for the Financial Year 2022-23 are enclosed as (Annexure 3 and Annexure 4) along with Management explanation.

2.4    Management Explanation on Statutory Auditor’s Report

The statutory auditors of the company have given an unqualified report [Annexure 3(A) and Annexure 4(A)] on

the Standalone Financial Statements and Consolidated Financial Statements respectively of the company for the financial year 2022-23. However, they have drawn attention to certain matters under “Emphasis of Matters”.

The emphasis of Matter paragraph point no. (i) and (ii) in the audit report on Standalone Financial Statements and points (a) and (c) in the report on consolidated Financial Statements, are explained as under -

(a)    Regarding carrying forward of the input tax credit on GST, the matter has been adequately explained in footnote 4 to note 11 of Standalone Financial Statements and footnote 5 to note 11 of Consolidated Financial Statements respectively.

(b)    In respect of transportation charges receivable from the customer, the matter has been adequately explained in footnote 4 to note 13 of Consolidated Financial Statements.

(c) Holding company could not comply with regulation 17 read with Schedule II of SEBI (LODR) Regulations, 2015 due to the non-availability of Independent Women Directors, since the power to appoint Directors vests with the Administrative Ministry i.e. Ministry of Coal, Govt. of India.


3.1 Sale of Coal

•    The raw coal offtake during 2022-23 stood at its highest ever level of 694.69 Million Tonnes (MT) in comparison to 661.89 MT during 2021-22. The offtake in 2022-23 recorded a growth of 5% over 2021-22 breaking all previous records of offtake and wagon loading performance.

Company-wise target vis-a-vis actual off-take for 2022-23 and 2021-22 are shown in Annexure-5.

•    Some constraints hampered dispatch in 2022-23 which can be listed as under:

o Constraints in availability of rakes especially in Mahanadi Coalfields Limited (MCL) and South Eastern Coalfields Limited (SECL).

o Production constraints at Rajmahal mine of Eastern Coalfields Limited (ECL) due to land acquisition issue resulting in less coal dispatch.

o Sporadic law and order issues at some of the coalfields.

o Extended and unseasonal rainfall hampered the transportation and dispatch especially at Western Coalfields Limited (WCL).

•    586.57 MT of coal was despatched to the major consumer, power sector. Sector-wise break-up of despatch of coal & coal products for 2022-23 against the target and last year’s actual is given in Annexure-6.

•    CCEA (Cabinet Committee on Economic Affairs) approved new mechanism of single window mode agnostic e-auction by clubbing the existing auction windows and introducing unified auction mechanism irrespective of mode of transport. The decision of CCEA was communicated by MOC vide circular no. CPD-23011/18/2021-CPD dated 21.03.2022. Pursuant to the notification only Spot auction was conducted during FY’23. 1

•    During 2022-23, a total quantity of 53.38 MT was successfully allocated under e-auction compared to 108 MT during FY’22. The premium over notified prices stood at 252% during FY’23 compared to 88% premium fetched in FY’22. In absolute terms the gain over the notified price was 22,832 crore in FY’23 compared against 12,188 crore in FY’22.

3.2 Long term demand creation

•    Additional long term demand is created through linkages allotted through the following schemes:

A.    Scheme for Harnessing and Allocating Koyala (Coal) transparently in India (SHAKTI), for Power Sector notified by the government on 22.5.2017 and subsequently amended vide MOC letter dated 25.03.2019.

B.    Auction of coal linkages to Non-Regulated Sector (NRS) notified by the government on 15.2.2016.


SHAKTI Policy contains provisions for coal supply for various categories of power plants fulfilling different criteria.

Until 2022-23, Ministry of Coal (MoC) has recommended for signing of FSA with 9 Thermal Power Plants (TPPs) under the provisions of Para A(i) of SHAKTI for an Annual Contracted Quantity of 32.255 MT and FSAs have been signed with 8 TPPs for the ACQ of 31.155 MT. Also, on the recommendation of SLC (LT), FSAs have been signed under the provisions of Para B(i) of SHAKTI with 13 Central/State Gencos for an ACQ of 47.439 MT as on 31.3.2023.

During FY 22-23, Fifth round of SHAKTI B(ii) long term linkage auction was conducted wherein a quantity of 0.049 MT was successfully allocated at average discount of 12 paise/PPA unit(kWh). Till date, in the five rounds of auction, linkages of 36.25 MTPA has been successfully allocated to the power plants. The levellised discounts in tariff offered by the power plants in five rounds of the auctions are in the range of 1p/ kWh to 12 p/kWh.

During this fiscal, CIL conducted three rounds of B(iii) long/medium term linkage auction with a total offer of 22.20 MT and successfully allocated 15.82 MT of coal linkage at an average premium of 1.2% over notified price. In the four rounds of the auction, conducted till date, linkages of 22.31 MTPA has been booked by the power plants.

Further, under para B (viii-a) covering para B (iii) of SHAKTI policy five tranches of short term linkage auctions were conducted during FY’23 wherein a total of 25.28 MT quantity was booked by the power plants with average premium of 152.65% over the notified price

B. Auction of coal linkages to Non-Regulated Sector (NRS):

The coal against the linkages secured in the NRS linkage auctions are supplied under the FSAs to be executed for a period of 5 years, except for Steel(coking) sector where the tenure of FSA is 10 years.

During FY’23 CIL conducted linkage auction for following subsectors under Tranche V & VI:

•    During Nov’22, auction for others (coking) subsector of tranche V was conducted wherein a quantity of 1 MT was booked at an average premium of 195%.

•    Tranche VI NRS linkage auction commenced during Feb’23 with Sponge Iron subsector wherein a quantity of 10.98 MT was booked at an average premium of 118%.

Moreover, in line with the enabling provision of NRS Linkage auction policy 2016 for indexing of ROM price for supply of coal to NRS sector, CIL introduced Modulation of NRS price with Wholesale Price Index(on year on year basis, w,e,f 01.04.2023) from Tranche VI NRS Linkage auction onwards.

3.3 Long term demand committed through FSAs:

Considering the FSAs executed earlier with the power plants under the provisions of NCDP and the FSAs executed under various provisions of SHAKTI, the operative linkage for a total quantity of about 578 MTPA exists with the Power Sector as on 31.3.2023, which is bound by long term supply commitments through FSAs excluding bridge linkage commitments. The bridge linkage commitments as on 31.03.2023 stood at 30 MTPA, where coal supply is based on best effort basis.

The total FSA commitments for Non-Power consumers including the FSAs of erstwhile regime, bridge linkage and State Nominated Agencies stood at 87 MTPA as on 31.03.2023.

Consumer satisfaction

3.4.1 Quality Management

For enhanced customer satisfaction, special emphasis has been given to Quality Management of coal from mine to dispatch point.

Now, all the consumers of CIL have the option for quality assessment of the supplies through independent third-party sampling agencies. In order to ensure supply of good quality/sized coal, reputed global quality assurance service providers namely SGS India Private Limited has been engaged in addition to the existing third-party agencies (Central Institute of Mining and Fuel Research (CIMFR) & Quality Council of India (QCI)) for undertaking the job of sampling and analysis of coal samples at loading end in CIL subsidiaries. Further on behalf of MoP, PFC empaneled M/S

Mitra SK Pvt Ltd through bidding process for collection, preparation and analysis of coal samples at loading end for power sector.

Out of 58 coal testing laboratories across the subsidiary companies of CIL, 57 laboratories are now NABL accredited and accreditation process is underway in respect of another 01 laboratory.

As a result of conscious and continuous measures taken towards quality maintenance, the gap between the weighted average of declared and analyzed GCV of coal based on results received till 31.03.2023 for FY 2022-23 is 03 Kcal/kg which is well within 1% of one GCV band.

3.4.2 Linkage Rationalization

Linkage rationalization initiatives to reduce the cost of transportation of coal and cost of generation of power were continued during the year 2022-23 also. Under the ambit of the linkage rationalization policy notified by the government on 15.5.2018, sources of linkage for a quantity of 7.80 MTPA for the IPPs was rationalized in 2021-22, yielding annual potential savings in transportation cost by about 457 crore. In addition to that, CIL as per the request from the State Gencos has rationalized for a quantity of 7.644 MTPA for the State Gencos in 2021-22 with an annual potential savings in transportation cost of about 624 crore.

3.5    Coal Beneficiation:

CIL is presently operating 13 Coal Washeries with a total operable washing capacity of 24.94 MTY. Out of these, 11 are coking coal washeries and balance 2 are noncoking, with operable capacities of 13.94 MTY and 11 MTY respectively. The total washed coal production from the existing coking coal washeries during 2022-23 was about 2.155 MT, a growth of more than 33.7% from 2021-22.

The construction of Madhuband Washery (5 MTY) is complete and is expected to be under commercial operation by May 2023. To enhance the beneficiation capacity of coking coal, CIL is further setting up 3 new Washeries in BCCL having total throughput capacity of 7 MTY. Out of these, 2 are under construction (4.5 MTY) and LoI has been issued for one (2.50 MTY). Additionally, 5 coking coal washeries are also being set up in CCL with a total capacity of 14.5 MTY. Out of these 5 washeries, LoI have been issued for two numbers.

In addition to the above, CIL is also setting up a non-coking coal washery at Ib Valley, Lakhanpur in MCL, which is under an advanced state of construction and expected to be commissioned by 31st Jul’23.

3.6    Stock of Coal

The stock of coal at the close of the Financial Year 2022-23 was 6105.11 crore (previous year 5413.16 crore), which was equivalent to 0.57 months value of net sales (previous year 0.65 months). The company-wise position of stock held on 31st March 2023 & on 31st March 2022 are given in Annexure 7.

3.7 Trade Receivables

Trade Receivables i.e. net dues outstanding as on 31st March 2023, after providing 2722.13 crore (previous year 2424.53 crore) for bad and doubtful debts, was 13060.48 crore (previous year 11367.68 crore) which is equivalent to 0.84 months Gross Sales of CIL as a whole (previous year 0.89 months). Subsidiary-wise break-up of Trade Receivables outstanding as on 31st March 2023 as against 31st March 2022 are shown in Annexure 8.

3.8. Payment of Royalty, Cess, Sales Tax, GST, Clean Energy Cess, & Others

During the Financial Year 2022-23, CIL and its Subsidiaries paid 56524.11 crore towards Royalty, Cess, Sales Tax and other levies as detailed as per details given in Annexure 9


Raw coal production and production from underground and opencast mines.

Production of raw coal was 703.20 Mill Te during 2022-23 against 622.63 Mill Te during 2021-22. Production from Opencast mines during 2022-23 was 96.38% of total raw coal production.

Subsidiary wise production, production from underground and opencast mines and coking and non-coking production are given in Annexure 10.

Washed Coal (Coking) Production-Subsidiary-wise production of Washed Coal (Coking) is given in Annexure 10A.

Overburden Removal-Company-wise overburden removal is disclosed in Annexure 10B.


Based on the demand projection in ‘Vision 2024’ for coal sector in the country and subsequent demand projection on CIL, a roadmap has been prepared to project production plan in medium term wherein CIL has envisaged 1 Billion Tonne (BT) coal production by the year 2025-26 and beyond to meet the coal demand of the country. CIL has already identified all resources required, including major projects that will contribute to its 1 BT production plan and its related issues/enablers like requirement of EC/FC, land, evacuation constraints etc. CIL is committed to achieve 1 BT production plan with the active support of MoC and all other stake holders. CIL shall adhere to 1 BT coal production plan but the demand scenario shall decide the production/ supply in future. The proposed capital expenditure for the year 2023-24 has been set at 16600 crore. Further, as per the investment plan, CIL has planned to invest substantial amount in diversification projects viz. Solar Power, Thermal

Power Plant, Revival of Fertilizer Plants, CBM, etc. during 2023-24.


The Population of Major Opencast Equipment (Heavy Earth Moving Machinery) as on 01.04.2023 and as on 01.04.2022 along with their Performance in terms of Availability and Utilization expressed as percentage of CIL Norms is disclosed in Annexure 11.

About 460 nos. of old and outlived major HEMM have been surveyed-off and 35 Shovels, 109 Dumpers, 32 Dozers, 31 Drills and 3 Surface Miners were commissioned during 2022-23.

In the Financial year 2023-24, CIL is planning to procure High Capacity Equipment of more than 2200 crore for enhanced coal production target in the coming years.


During 2022-23, total volume of coal and overburden handled by CIL was about 2079 M. Cum. The overall system capacity utilization of CIL thus worked out to be about 85.80 %. This is a new high for CIL and surpassing the coveted 85% capacity utilization was a laudable achievement. While the UG capacity utilization was 90.06%, the OC capacity utilization was 85.77%.


7.1 Project Implementation:

a)    Projects Completed During the year 2022-23:

03 coal projects with a sanctioned capacity of 4.02 MTY and sanctioned capital of 563.29 crore were completed with a total completion capital of 584.39 crore during the year 2022-23. Details given in Annexure 13.

b)    Project started Production during the Year 2022-23:

06 projects have started coal production during the year 2022-23. Details given in Annexure-13.

c)    Status of Ongoing Projects (Costing J 20 crore & above):

117 coal projects with a sanctioned capacity of 928.7 Mty and sanctioned capital of 139436.6 crore are in different stages of implementation, out of which 78 Projects are on schedule and 39 Projects are delayed. The major reasons for delay in implementation of these projects are delay in FC, possession of land and issues related to R&R.

7.2    Projects Sanctioned (Costing J 20 crore & above):

a)    PR/UCE/RPR/RCE sanctioned by CIL Board & Subsidiary Board during 2022-23:

24 Mining Projects with sanctioned capacity of 140.30 MTY and sanctioned capital of 22130.22 crore were approved by CIL and Subsidiary Company Boards during 2022-23. Details are given in Annexure 13.

b)    Non-Mining Projects sanctioned by CIL & Subsidiary Board during 2022-23:

4 Non-Mining projects with a sanctioned capital of 1043.28 crore were approved during 2022-23. Details are given in Annexure 13.

7.3    Key Strategies:

Strategies for Coal Evacuation:

Company had adopted following strategies for development of coal evacuation infrastructures:

First Mile Connectivity (FMC) Projects:

Under CIL’s flagship ‘First Mile Connectivity Projects’, 61 Projects have been identified for implementation in three phases which will upgrade the mechanized coal transportation and loading system.

In the first phase, out of the planned 35 FMC Projects of 414.5 MTPA capacity awarded at a capital investment of 10,750 crore 7 FMC Projects of 92 MTPA capacity have been commissioned till date. PG Test for Jayant FMC (15 MTPA) commenced and is targeted to be completed by Jun’23. The balance remaining projects are anticipated to be completed by FY 24-25.

In the second phase, out of the 9 FMC Projects of 57 MTPA with an estimated investment of about 2,500 crore, construction work has started in 3 FMC Projects of 14 MTPA capacity and LOA/WO has been issued for 2 projects of 7.5 MTPA capacity. Tenders are under different stages of formulation and approval for the remaining 4 projects. These projects are targeted to be completed by FY 24-25.

In the third phase, 17 projects with total capacity of 292 MTPA has been planned at an estimated investment of about 11,500 Cr for which tenders would be floated by FY 25-26 and are targeted to be completed by FY 28-29.

These FMC Projects shall enable increased mechanized evacuation from 151 MTPA to 914.5 MTPA by FY 28-29. Company expects improvement in coal quality, savings in underloading charges and a positive impact on the environment.

Status of Rail Projects:

CIL had identified 07 Railway Projects for evacuation of coal, out of which 03 were funded by CIL on deposit basis and 04 were funded through JVs/SPVs by CIL. The status of these projects were as under:

Funded by CIL on Deposit Basis:

1)    Tori-Shivpur New BG double line (44.37 KM) was funded by CIL and commissioned in December, 2019. Construction for the third line is underway and targeted to be completed by Dec’2023. This shall enhance its capacity to evacuate about 100 MTPA of coal from the North Karanpura coalfield of CCL.

2)    Jharsuguda -Barpali- Sardega New BG single line (52.41 KM) was funded by CIL and commissioned on April, 2018. Construction of doubling of this rail line along with loading bulbs at Barpali and flyover complex at Jharsuguda is underway and targeted to be completed by Dec’23. This shall enhance its evacuation capacity to evacuate about 65 MTPA.

3)    The Rail Connectivity of Lingaraj SILO with Deulbeda siding at Talcher Coalfields of MCL (4.8 KM) to evacuate about 5 MTPA was commissioned in May, 2021.

Funded through JVs/ SPVs by CIL:

1)    Mahanadi Coal Rail Ltd (MCRL) -Angul- Balram rail link (14.22 Km) in Talcher coalfield, Odisha was executed by Rail JV, (MCRL Mahanadi Coal Rail Ltd) and commissioned on 14.11.2022. It shall facilitate evacuation of about 15 MTPA coal.

2)    Jharkhand Coal Rail Ltd (JCRL) - The Shivpur -Kathautia rail connectivity (49.09 KM) is being executed by Rail JV, JCRL (Jharkhand Coal Railway Limited). About 25 MTPA coal from the mines of CCL is planned to be evacuated through this line. Financial Closure was achieved on 05.05.2022. Construction works have commenced and the work progress is about 18%. The line is anticipated to be commissioned by March 2025.

3)    Chhattisgarh East Rail Ltd (CERL) - East Rail Corridor in the state of Chhattisgarh - CERL Phase - I of 132 Km is being executed by Rail JV, CERL. Main corridor between Kharsia to Dharamjaigarh (0-74 KM) was commissioned on 21st June’2021. Commercial notification of Chaal feeder line was issued on 31.07.2022. Engine trial run on Baroud Feeder line completed on 31.12.2022. Balance work of feeder lines are in progress. It shall evacuate around 65 MTPA of coal and anticipated to be commissioned by Dec’2023. In CERL Phase - II of 62.5 Km, between Dharamjaigarh and Urga, Land acquisition is under process. The Phase- II works are anticipated to be commissioned by March’2026.

4)    Chhattisgarh East West Rail Ltd (CEWRL) - East West Rail Corridor in the state of Chhattisgarh is under execution between Gevra Road and Pendra Road of about 135 Km and shall facilitate to evacuate about 65 MTPA of coal from the mega projects of Korba coalfield. Construction works under execution and work progress is about 35%. This rail line is anticipated to be commissioned by December, 2024.

7.4    Achievement in Acquisition and Possession of land:

In all the subsidiaries of Coal India, the major portion of land is possessed which were acquired under Coal Bearing Areas (Acquisition & Development) Act, 1957. During 202223, notification U/S-9 (1) has been issued for 2582.14 Ha and notification U/S-11 (1) has been issued for 1495.03 Ha of land.

During 2022-23, 2049.26 Ha of land had been taken physical possession in different Subsidiaries of Coal India

7.5    System Improvement in Project Monitoring:

CIL is currently executing a variety of projects, ranging across mining, washery, evacuation projects etc. In order to ensure smooth implementation of such projects, CIL is continuously monitoring the ongoing progress through a number of sophisticated project management mechanisms and tools.

In order to capture the latest status of progress across all work streams, CIL has adopted Project System (PS) module of Enterprise Resource Planning (ERP). In PS module, all the information related to Statutory Clearances (EC and FC), Land, R&R, Infrastructure, etc are maintained and updated on a periodic basis. CIL has also developed standardised and detailed project schedules (for all projects costing more than 20 crore) in PS module. This schedule monitoring process helps to identify the bottlenecks, analyse the interdependencies and determining the critical action items which will expedite the project implementation.

The actionable insights from this detailed project information are mapped on ERP Dashboards on real-time basis to enable expeditious decision making by the senior management.

7.6    One Billion Coal Production Programme:

Currently, coal is the primary source of energy in the domestic market and CIL supplies more than 80% of the total domestic coal production. Therefore, CIL has a responsibility to meet the energy demands of the country and it plays a key role in determining the energy dynamics of domestic consumption.

Keeping in mind the future domestic demand, CIL has envisaged a strategic production roadmap to achieve 1 billion tons of coal production in FY 2025-26. The 1 BT plan was based on optimal production from all the subsidiaries of CIL and it charted out all the enabling activities to achieve this ambitious target. The enabling activities include obtaining statutory clearances, acquisition and possession of land, ensuring R&R, procuring equipment and developing evacuation infrastructure (like rail lines and coal handling plants).


Conservation of energy always remains a priority area and CIL/Subsidiaries have extensively exercised various measures towards reduction in specific energy consumption.

8.1    Energy Consumption scenario

Coal Production has increased by 12.9 % in 2022-23 compared to 2021-22 and there is increase in OB removal by 297 MM3. Electricity consumption in CIL as a whole in 2022-23 was 4598.78 million units compared to 4571.40 million units in 2021-22, showing an increase of 0.60%. Total amount paid towards energy Bill in 2022-23 was 3764.16 crore against 3557.12 crore in 2021-22, an increase of 5.82%.

•    In terms of total coal production, specific energy Consumption for CIL as a whole, during 2022-23 was 6.54 KWh/T as against 7.34 KWH/T during 2021-22 with an overall decrease of 10.90%.

•    In terms of composite production (in M3), Specific Energy Consumption during 2022-23, for CIL as a whole, was 2.19 KWh/m3 vis-a-vis 2.57 KWh/m3 during 2021-22 with an overall decrease of 14.79%.

8.2    Electrical Energy Audits conducted in 2022-23

10 electrical energy audits were conducted by CMPDIL for different subsidiaries of CIL in 2022-23 (CCL-6 nos., NCL-2 nos., BCCL-1 no., & ECL-1 no.). Energy Audit has been done for 06 mines in CCL during 2022-23 namely Religarha OCP, Parej East OCP, Dhori Khas UG, Rajrappa OCRand Govindpur Ph-II OCP & North Urimari OCP. In NCL energy audit was undertaken in Dudhichua OCP & Bina OCP. In BCCL it was taken up in AB OCP. In ECL the audit was done in Rajmohal OCP. Estimated saving from energy conservation measures in the above mines shall be around 135.31 lakh KWh per year with an estimated reduction of 971.35 lakhs per year in power bill.

8.3    Energy Conservation measures

Some of the salient measures taken by CIL/Subsidiaries for energy conservation are as under:

A. Energy Efficiency Measures in 2022-23:-

a) Use of LED lights - High wattage luminaries / conventional light fittings have been replaced with low power consuming LEDs of appropriate wattage in majority of the places for quarry lighting, UG mine lighting, street lighting, office and other work places, townships etc., thereby resulting in huge saving in electricity consumption. 1,57,216 LED lights (ECL-2794, MCL-23633, WCL-24150, NCL-33582, BCCL-17196, SECL-34119, CCL-15851& CIL HQ- 5891 nos.) of different wattage rating have been installed during 2022-23.

b)    Energy Efficient ACs -1679 energy efficient ACs have been replaced / installed in different subsidiaries of CIL.

c)    Super Fans - 18626 high energy efficient super fans have been installed in different subsidiaries of CIL.

d)    E-Vehicles - 71 e-vehicles have been deployed in different subsidiaries of CIL.

e)    Energy Efficient Water Heaters - 625 energy efficient water heaters have been installed at different places in CIL subsidiaries

f)    Energy Efficient Motors - 169 existing old motors have been replaced with energy efficient motors in different subsidiaries of CIL.

g)    Auto Timers in Street Lights - 1016 auto timers have been installed at different places in CIL subsidiaries.

B.    Improvement in Power Factor - Almost all the areas of the subsidiary companies have maintained Power Factors from 0.90 to 0.99 during 2022-23 by installing capacitor banks of appropriate KVAR rating. During 2022-23, 54690 KVAR of capacitor banks have been procured and installed at subsidiaries.

C.    Installation of Ground & Roof Mounted Solar Power Plant in different command areas of CIL:

•    Additional roof top solar capacity added during 2022-23 - 3.393 MWp

•    Work has been awarded for installation of 300 MW capacities of ground mounted solar plants. Installation work is in progress and expected to be commissioned by FY 2023-24.

8.4 Solar Energy generation:

CIL & Subsidiary Companies are pursuing use of renewable energy sources. Subsidiary wise Solar energy generation in 2022-23 are as under:

H in crore




Solar Power Capacity (kWp)

Total Power Generation (KWH) [during the period 01.04.2022 to 31.03.2023]








































The total solar energy generated during 2022-23 was 68.36 Lakh units.


8.5 Anticipated benefit of Carbon Neutrality due to

solar projects & Energy Efficiency Measures:-

•    During 2022-23 due to implementation of energy efficiency measures, around 52.10 million units of electrical energy has been saved which shall result into reduction of 42,725 Tonnes of CO2 per annum (approx.).

•    Similarly, during 2022-23 due to energy audit conducted in 10 mines of CIL, 13.531 million units of electrical energy was proposed to save which shall result into reduction of CO2 of 11095 Tonnes/Year (approx.).

•    The total solar energy generated during 2022-23 was 68.36 Lakh units. Thus, the solar energy generation has resulted into reduction of CO2 emission by 5606 Tonnes per annum (approx.).



Overall Capital Expenditure during Financial Year 202223 was H 18619.27 crore as against H15400.96 crore in previous year. Capital Expenditure incurred during 2022-23 was 112.84% of BE (104.88% in 2021-22). Subsidiary-wise details are given in Annexure 12.


A. Diversification into Chemicals & Fertilizers Sector:

1. Setting up of Natural Gas based Fertilizer plant of HURL at Gorakhpur, Sindri and Barauni

Hindustan Urvarak & Rasayan Limited (HURL), is one of our Joint Venture companies with promoter


shareholding of CIL - 29.67%, NTPC - 29.67%, IOCL -29.67% & FCIL/HFCL (combined) - 10.99%. HURL has made monumental strides to set up three natural-gas based 1.27 MTPA urea plants, one each at Gorakhpur (U.P.), Sindri (Jharkhand) and Barauni (Bihar). These coveted projects of national importance have been implemented through Lump-Sum Turn Key (LSTK) mode at an estimated aggregate cost of around 27,895 crore. Commercial Operation Date (COD) for Gorakhpur Unit was declared on 03.05.2022. As on 31.03.2023, cumulative production and dispatch for all three units stood at 12.19 Lakh MT & 12.06 Lakh MT respectively.

2.    Setting up of Coal based Fertilizer Plant of TFL at Talcher:

Talcher Fertilizers Limited (TFL) is another Joint Venture company with promoter shareholding of CIL - 31.85%, RCF - 31.85%, GAIL - 31.85% and FCIL - 4.45%. The JV was constituted to set up a Surface Coal Gasification (SCG) based integrated 1.27 MTPA urea complex at Talcher using coal from nearby Talcher coalfields. This is a landmark project which will lay the foundation of coal gasification sector in the country. In this project, high ash coal blended with pet-coke upto 25% shall be gasified to produce syngas which shall be converted into neem coated urea. The project is being implemented on partial Lump Sum Turn Key (LSTK) basis at an estimated cost of 17,080.69 crore, which will be financed through a debt-equity structure of 60.12:39.88. TFL has successfully achieved the Financial Closure by obtaining Final Sanctions of the target debt amount with SBI as Lead Banker. Sponsor Support Undertaking has been signed on 05.05.2022 and 1st instalment of debt drawl has commenced from 23.12.2022. Further, to fast-track the project the TFL Office has been shifted from Noida to Bhubaneswar in September,2022. As on 31.03.2023, the overall progress of the project stands approximately 42.69%. The plant is expected to come into operation in FY 2024-25.

3.    Surface Coal Gasification(SCG) Projects of Subsidiaries:

ECL, SECL & MCL Project: As a way forward, CIL now intends to implement three projects through JV. M/s BHEL, GAIL & IOCL have been identified as JV partners for SCG projects at MCL, ECL and SECL respectively. Three MoUs with these CPSE have been signed on 12.10.2022. It is pertinent to mention that the MoU with BHEL is for promoting indigenously developed Pressurized Fluidized Bed Gasifier (PFBG) technology. M/s. PDIL has submitted final PFRs for Coal-to-SNG Project in ECL, Coal-to-DME Project in SECL and Coal-to-Ammonium Nitrate Project in MCL in March 2023. Concurrently, to fast-track the project the JVA is under advanced stage of negotiations.

WCL Project: Initiatives have also been taken to set up of Surface Coal Gasification based Ammonium Nitrate

Plant at the pit head of Juna Kunada Opencast Mine of Majri Area through BOO mode of implementation. Currently, the project is in the tendering stage. The tender has been invited on 06.03.2023 and scheduled bid submission end date is 12.09.2023.

B. Diversification into New Business Verticals:

1.    Amendment to Memorandum of Association (MoA)

The 48th AGM of CIL held on 30.08.2022 has approved the amendment to MoA by incorporating the following businesses in the Main Object Clause:

•    Aluminium Business Value Chain

•    Renewable Energy Business Value Chain

•    Critical Mineral Business Value Chain

•    Advance Chemistry Cells and Energy Storage Devices Manufacturing Value Chain

•    Hydrogen Business Value Chain

2.    Aluminum Business Value Chain:

Through M/s Deloitte a pre-feasibility report was prepared for the Integrated Greenfield Aluminium Project to be undertaken by CIL through MCL. Under the single window clearance system, we have already received ‘in-principle’ approval from High Level Clearance Authority (HCLA) of Govt. of Odisha for our proposal on setting up of 1 MTPA refinery, 0.5 MTPA Aluminum Smelter and 1400 MW CPP. The 450th CIL Board Meeting held on 19.04.2023 has accorded approval for considering the reassessed capacity configuration i,e, 6 MTPA Bauxite Mine, 2 MTPA refinery, 0.5 MTPA Aluminum Smelter and 1400 MW CPP. Third party feasibility studies for the project has been completed. M/s EIL has submitted final land and water assessment study report for the proposed Aluminium Project in Dec ’22. The Integrated Greenfield Aluminium Project is proposed to be implemented through SPV.

3.    Thermal Power Generation:

a) SECL-MPPGCL- This is another strategic vertical where CIL is planning for diversification. Through our subsidiary South Eastern Coalfields Limited (SECL), we envisage to partner with MPPGCL to form a separate JV for setting up the proposed 1x660 MW expansion project at the existing premises of Amarkantak Thermal Power Station (ATPS), Village Chachai, Madhya Pradesh. Coal to the said plant will be supplied from SECL by means of a fresh linkage (to be applied by JVC). ‘In-principle’ approval from MoC, DIPAM & NITI Aayog have been obtained. MoU has been executed on 17.06.2022 between SECL and MPPGCL. JVA is under finalisation.

b) MBPL (an SPV of MCL): The proposed 2x800 MW Thermal Power Station in Odisha is one such potential opportunity that has synergy and syncs well with CIL’s thermal power generation diversification goal. ‘Mahanadi Basin Power Ltd’ (MBPL) will implement the proposed project which is envisaged to be a Supercritical Thermal Power Project. This project would leverage the availability of coal at pit-head from MCL’s mines in Odisha to set-up a successful venture which would cater to the growing demand of power of the country in the coming future. To ensure offtake of power, CIL has signed a Memorandum of Understanding with Assam Power Development Company Limited (APDCL) on 24.03.2023 to facilitate a basic framework for mutual discussion, deliberation on all aspects for supply of 1200 MW power from the Power Projects operated by MBPL to APDCL on a non-exclusive basis.


The Master Plan for dealing with fire, subsidence and rehabilitation in the leasehold of Bharat Coking Coal Limited (BCCL) and Eastern Coalfields Limited (ECL) was approved on 12th August 2009 by Govt. of India with an estimated investment of 7,112.11 crore for Jharia Coalfields and 2,661.73 crore for Raniganj Coalfields. Implementation period of Master Plan have been delineated as 10 years for ECL & 12 years for BCCL. Jharia Rehabilitation and Development Authority (JRDA) and Asansol Durgapur Development Authority (ADDA) are the implementing agency for rehabilitation of non-BCCL & non-ECL people under Master Plan.

A.    Summarized Status of Implementations of Raniganj Master Plan (in the leasehold of ECL):

There are 03 unstable locations under ECL which were already vacated & families were shifted. As per the demographic survey report provided by ADDA, around 29,000 non-ECL families are required to be rehabilitated from unstable locations. Construction of 12,976 houses out of approved 29,000 houses have been taken up by ADDA for shifting of non-ECL families. At present construction of 7184 houses have been completed and 5,792 no. of houses are in different stages of construction.

B.    Summarized Status of Implementations of Jharia Master Plan (In the leasehold of BCCL):

34 sites have been identified as fire-affected zone, as per survey report by National Remote Sensing Centre (NRSC) in 2018. Later, as per NRSC interim study report (October 2020), 27 sites have been identified as fire-affected zone.

At present, 15 fire sites are economically viable as assessed by CMPDIL, wherein work have been awarded and implementation started. The balance 12 fire sites are found to be economically unviable as assessed by CMPDIL. In recent study by NRSC (August 2021), 10 fire sites have shown decreasing trend/marginal indication of fire. To deal with those, surface blanketing is being done by BCCL. For the remaining 2 fire sites, one mineable site proposal is under formulation and other mineable site requires Viability Gap Funding (VGF) from JMP.

BCCL has taken up construction of 15,852 houses for the shifting of BCCL families. Till date 7,714 houses have already been constructed and 4,215 families have been shifted. Due to superannuation of BCCL employees, shifting of only 7,852 BCCL families are required at present. As per decision of BCCL Board, 8,000 houses are to be handed over to JRDA for non BCCL families and same has been conveyed to JRDA.

Construction of 18,352 houses for non-BCCL families have been taken up by JRDA out of 54,159 houses as per approved Master Plan. Till date, construction of 6,352 houses have completed and 2,684 families shifted. Balance 12,000 houses are under different stages of construction.

C. Revision of Approved Jharia & Raniganj Master Plan

The time frame for implementation of the Raniganj Master Plan and Jharia Master Plan has expired on Dt. 11.08.2019 & Dt. 11.08.2021 respectively. As per the directive of the 19th HPCC meeting Dt. 19.05.2019, a draft comprehensive proposal incorporating alternative rehabilitation package, time, and cost overrun have been prepared by ECL in consultation with CMPDI, RI-1 & ADDA, and BCCL in consultation with CMPDI RI-II & JRDA.

As per the directive of the 21st HPCC meeting, revision of the both the proposals are under finalization at Govt. Of Jharkhand (Mines & Geology) and ADDA / Govt. of W.B respectively.

Jharia Master Plan

MoC, vide its letter dated 18.08.2021, conveyed that CIL can spend from the balance money on their committed/ ongoing works towards Jharia Master Plan till the approval of revised Jharia Master Plan .

Further, on dated 25.08.2021, under the guidance of PMO, a committee under chairmanship of Secretary (Coal) has been constituted to review the Jharia Master Plan. The Committee has submitted its report. The said report was discussed in the meeting held on 07.02.2023 chaired by the Cabinet Secretary where it has been directed to take necessary steps for approval of Final report on way forward of Jharia Master Plan .

Raniganj Master Plan:

MoC vide its letter dated 18.01.2023, & dated 22.02.2023 has conveyed that CIL can spend from the balance money on their committed/ ongoing works towards Raniganj Master Plan till the approval of revised Master Plan . Accordingly, CIL has released H 300 crore to ECL in March, 2023 for rehabilitation of non-ECL families under implementation of Raniganj Master Plan.


12.1    Management System Standards:

CIL HQ obtained re-certification of ISO 9001:2015, ISO 14001:2015 and ISO 50001:2018 for Quality Management, Environment Management and Energy Management System respectively from Bureau of Indian Standards (BIS) in 2022 with validity upto Oct,2025. As on 31st March 2023, ECL, NCL, MCL, CCL (27 units) and WCL (83 units) are certified for Integrated Management System (ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2017). CMPDI HQ and its seven RIs are certified for ISO 9001:2015. Moreover, CMPDIL HQ, Ranchi has been certified with ISO 37001:2016 (Anti-Bribery Management System).

12.2    Pollution Control Measures and their Efficacy:

CIL is committed to protect environment by practicing and following sustainable mining practices right from mine planning stage. Various pollution control measures and initiatives are being taken up concurrently with mining operations, for maintaining acceptable / permissible limits of major physical and chemical attributes of environment namely air, water, hydrogeology, ground vibrations, noise, land, etc.

A. Air Pollution and its Control Measures:

To control and reduce dust generation during drilling, blasting, loading and coal transportation, CIL has taken up various initiatives enumerated in the MoEF&CC approved Environmental Management Plan (EMP) of projects. The EMP is prepared factoring the impact on existing environment and forest due to coal mining undertaken after conducting an Environment Impact Assessment (EIA) study of each project. Mist spraying systems, mobile water sprinklers and automatic sprinklers have been provided to mitigate air pollution & its control measures.

Some of the important initiatives taken by CIL are as follows:

a)    Implementation of First Mile Connectivity to reduce transport of coal by road.

b)    Transportation of coal by conveyors, covered trucks & loading in railway rakes through Silo.

c)    Blacktopping & repairing of coal transportation roads and strengthening of haul roads.

d)    Development of wind break and vertical greenery system.

e)    Deployment of additional Surface Miners and Continuous Miners in opencast & U/G mine respectively for blasting free coal extra action.

B)    Mine Water Management:

Mine Discharge Treatment Plants (MDTP) are installed in mines for treatment of discharged mine water on the surface for second phase treatment. Treated mine water is then used partly for dust suppression, firefighting, plantation, washing etc. As per the need of the local community, treated mine water is supplied to the nearby villages for drinking & irrigation purposes. In order to assess the impact of mining activities on ground water, monitoring of ground water levels is being carried out in and around of the mine lease hold area. For ground water recharge within mine premises and nearby villages, initiatives like rainwater harvesting, digging of ponds / development of lagoons, de-silting of existing ponds / tanks etc. have been taken. Regular monitoring of mine, workshop and domestic effluent is carried out as per rule and desired actions are being taken. Reports of the same are regularly submitted to SPCBs and MoEF&CC. In 2022-23, 92.45 % discharged mined water utilized for internal & community use and remaining 7.55 % is retained for future use and ground water recharging.

C)    Noise Pollution Control Measure:

For control of noise pollution, various measures like proper maintenance of equipment, green belt development around the mine and residential area, blasting in day time and use of ear muff / ear plugs at noisy areas are adopted.

D)    Land Reclamation:

•    Reclamation of the mined out areas and external OB dumps are major environmental mitigatory activities taken up by CIL. Reclamation of mined out areas are being done as per the Environmental Management Plan (EMP) and Mine Closure Plan (MCP) which are approved by MoEF&CC. Top soil is preserved, stored and used in plantation areas in the opencast mines. Concurrent reclamation and rehabilitation of mined out areas are taken up for gainful land use. After technical reclamation is completed, plantation is carried out which is termed as biological reclamation.

•    Eco-restoration: For effective Bio-reclamation of disturbed land, scientific studies are carried out to select suitable species of plants for afforestation

on three tier plantation concept. Forest Research Institute (FRI) has been engaged by CIL for sharing their expertise in the field of eco-restoration in the reclaimed areas. Many Eco- restoration sites have been developed in subsidiary companies of CIL with technical collaboration of FRI.

•    Eco-park in Reclaimed land: Eco Parks have been developed in many of the mined out areas and command areas of CIL like Madhuvan Vatika ECL, Govardhan Eco-Park BCCL, Bishrampur Tourism Site SECL, Nigahi Eco Park NCL, Bal Gangadhar Tilak Eco-Park WCL, Kayakalp Vatika CCL, Chandra Sekhar Azad Eco- park, MCL, etc. CIL has established 30 Eco-parks & Mine Tourism & eco-restoration sites on date.

•    Monitoring of Reclamation: The land reclamation and restoration operations in opencast mines of CIL are being monitored using high resolution Satellite Data. Land Reclamation Monitoring of total 110 projects under different subsidiaries of CIL has been completed in 2022-23. 76 major Opencast Projects (OCPs) producing more than 5 MCM (Coal + OB) per annum alongwith 34 OCPs/ Clusters producing less than 5 MCM (Coal + OB) per annum were monitored in 2022-23. The study during 2022-23 shows that 76 major OCPs have reclaimed area of 199.46 Km2 (63.14%) and active mining area is 116.44 Km2 (36.86%) of the total excavated area. Whereas, for projects under less than 5 mcm category, reclaimed area is 34.82 Km2 (63.58%) and active mining area is 19.95 Km2 (36.42%) of the total excavated area.

In addition, CIL is also conducting Vegetation Cover Mapping of 19 major coalfields using satellite data every 3 years in phase wise manner. During the 2022-23, Vegetation cover mapping of six coalfields viz Wardha and Kamptee Coalfields (WCL), Talcher Coalfield (MCL), Bishrampur Coalfield (SECL), Jharia Coalfield (BCCL) & Makum Coalfield (NEC) have been completed

•    Mine Closure Plan (MCP): MCP is an integral part of the Project Report prepared by CMPDIL for Coal mines of CIL. This progressive mine closure plan also forms a part of the EIA / EMP prepared and got approved by MOEF&CC as a part of Environmental Clearance. In FY2022-23, H 91.28 crore has been reimbursed from the Escrow fund to the concerned Project Proponents for mine closure activities.

E) Strive for continual improvement in

environmental performance.

The job of Developing approach and methodology

for index rating of environmental conditions and

performance evaluation as per the EC conditions in 35 CIL (> 5Mm3 Coal + OB) Mines, was completed by ICFRE and also was approved by CIL board in December 2020. ICFRE has already completed field visit of 32 mines and submitted draft reports for 30 mines till March 2023.



Achievement of SAP ERP implementation in CIL & Subsidiaries for the Year 22-23

With the introduction of an enterprise-wide ERP solution at CIL, some of the foremost achievements are Standardization of business processes, adoption of best industry practices and integration of business processes to achieve optimization of resources. The management is able to take informed decisions based on reliable & accurate information. Humongous legacy data is now unified, cleansed and is maintained in a common repository accessible on real time basis across the organisation. Data is captured at source, flows seamlessly across different levels and is accessible based on Roles & Authorisation.

ERP facilitates Project Management by real time monitoring throughout its lifecycle. ERP has enabled effective management of assets, provides visibility of Spares till the last storage location enabling efficient stores management. ERP facilitates better utilization of skilled Human Resource through optimal deployment of manpower. All Core Processes have been stabilized and AMC for Phase I and Phase II are in the last quarter of First Year AMC. Multi module Dashboard made operational for further visualization of Data and enhancement is being done on the suggestion of stakeholders

Some of the Module-wise Key achievement are enumerated below:

Sales & Distribution Module

1.    Contract creation, Sales Order generation, Proforma Invoice creation, advance collection, Sales Order approval and release, and communication to customers through automated mail

2.    Delivery Note creation, IRN generation and Invoice generation and automated mail to customers

3.    Entry of Third-Party sampling result

4.    Issuance of debit / credit note for quality cases

5.    Collection of Coal value & Refund of Balance Amount through bank interface

a.    Payment : SBI, Axis, ICICI

b.    Collection : ICICI, Axis

6.    Integration with M junction & MSTC for seamless flow of auction data

7.    Seamless flow of weighbridge data in ERP

8.    Integration with FOIS for Rail Dispatch of Coal

9.    Auto-clearing of entire Coal Sales Process (advances, billing, Credit-debit and refund)

10.    Import of Coal Sale Process through ERP

11.    Mode agnostic interface is being developed. Production Planning Module

1.    Monthly Production Process Order Creation & Release of it in Time (at the Beginning of The Month)

2.    Capturing Shift Production Data and OB removal in Time at shift end.

3.    Generating all Yellow Book Format/Reports of 1&2 series (Shift & Day Series)

4.    Technical Closing of the Process Order by 6th in the following month

5.    Explosive & diesel consumption monitoring

6.    Coal & OB measurement and reconciliation

7.    Mapping of fabrication/ refurbishment work done at CWS & RWS

Human Capital Management Module

1.    Payroll Processing of all on-roll employees

2.    Terminal Benefit Processing of retiring employee through ERP.

3.    Time Management (Leave/Attendance)

4.    NEWGEN (CPRMSE/NE, Conference Room, Guest House, NPS, Legal Opinion, Legal Case, Committee & Meeting, Employee Suggestion)

5.    Interface for Bank to Bank fund transfer

a.    Payment : SBI, Axis, ICICI

b.    Collection : ICICI, Axis

6.    Pay Fixation process Finance & Controlling Module

1.    Preparation of Financial Statement

2.    Payment to Vendor/Customer/Employee

3.    Bank Reconciliation Statement

4.    Maintenance of Asset Register

5.    Preparation of Cost Sheet.

6.    Budget Module Implemented across all Subsidiaries

7.    Bill tracking of vendor

Project System Module

1.    Planning, controlling, and monitoring of all Mining and Non-mining Project activities

2.    Budget control for all Mining and Non-Mining Projects

3.    Tight integration with MM & FICO module for Procurement related activities

4.    Financial & Physical progress review in SAP as well as in Dashboard.

5.    Maintenance and reporting of real time project related parameters (Expense, Capacity, DPR plan values, actual values etc.)

6.    Maintenance and reporting of other associated details like Land, Pre Project, Issue status etc.

Plant maintenance Module

1.    Performance of Equipment: performance monitoring departmental Equipment (HEMM/UGMM)

2.    Performance of CWS (no of major subassembly repair)

3.    Ageing of Equipment

4.    Preventive Maintenance Scheduling

5.    Configuration of breakdown processes

Material Management Module

1.    Creation of Purchase Requisition (Indent of Goods, Assets and Services), its consolidation and approval.

2.    Creation of Contract

3.    Creation of Purchase Order.

4.    Goods receipt. Thus, monitoring of requirements raised, approved, quantity ordered and quantity received with the commitment of fund and consumption details.

5.    Quality Inspection.

6.    Goods issue against reservation.

7.    Stock transfer.

8.    Creation of Service Entry Sheets

9.    Inventory Management with facility for Fast moving, non-moving etc. and material type wise as Spares, Consumable, POL etc.

Hospital Management System

1. HMS Go-live in all subsidiaries


CIL and its subsidiaries have undertaken the following key

IT initiatives as on date:

1.    CIL has deployed digitalization use cases of seven big Open Cast mines of SECL & NCL. This will result performance and productivity enhancement.

2.    CIL has created a new data center in public cloud platform. This platform will provide necessary services for data Analytics and will facilitate informed decision making.

3. CIL has initiated a proposal for establishing ISMS(Information Security & Management System) through appointing a security consultant. The consultant will submit a roadmap for achieving compliance of GOI’s security related guidelines and ISO 27001.

4.    CIL has decided to implement E-office version 7 in entire CIL and necessary infrastructure will be provided to NIC soon.

5.    A study has been conducted to implement M365 in CIL HQ for 600 users which may provide utility tools along with facility of sharepoint, establishing Active Directory, teams and other useful applications. It will also provide end point security.

6.    CIL has launched web/mobile Apps like:-

•    Bill Reconciliation portal where coal consumers are able to reconcile their respective bills with CIL. This has generated immense satisfaction of the consumers.

•    A whatsapp Chatbot in which employees/ customers/vendors are getting relevant information through whatsapp in very easy way.


The following are the key initiatives, activities and

achievements by E&T Dept. during the year 2022-2023.

i.    Human Intervention less Road Weighbridge Automation Process across all Subsidiaries of CIL:

‘Process Automation’ for human Intervention less Weighbridge as done at SECL, has been replicated in remaining subsidiaries of CIL also for capturing of weighment data and recording it automatically with minimal human intervention. Arrangements have been made for seamless data flow from electronic weighbridges to SAP ERP System without manual intervention for all the subsidiaries.

ii.    Leveraging of technology through different IT Initiatives at CIL subsidiaries: The following verticals of IT Initiatives are already functional at subsidiaries of CIL


a)    GPS based Vehicle Tracking System (VTS) & Geo-fencing: Coal transport vehicles plying in coal mines are fitted with GPS based Vehicle Tracking System with real time monitoring setup provided at Subsidiary HQ.

b)    RF-ID based Boom- Barrier System: This arrangement have been made to control the accessibility of different transport vehicles coming into mine area for coal transport.

c)    CCTV based e-surveillance System: CCTV Cameras like PTZ, Dome and Bullet type are installed at various vulnerable location inside the mine such as Magazines, Central stores, Central Workshops, coal stocks, sidings, weighbridges and checkpoints etc. for electronic surveillance.

iii.    Implementation of Integrated Command Control Centre (ICCC) at WCL: The Integrated Command and Control Centre (ICCC) has been successfully implemented in WCL in November 2022. This is to augment overall e-security and surveillance using AI and Video Analytics across the coalfield areas in WCL.

Mandate has been given to adopt similar ICCC at other subsidiaries also during 2023-24.

iv.    Establishment of redundant 2 tier MPLS VPN connectivity for functioning of Enterprise Resource Planning (ERP): - Secondary Multiprotocol Label Switching (MPLS) -VPN connectivity required for ERP at CIL HQ Kolkata, CIL Office at Delhi and DC as well as DRC has been established along with setting-up of NOC at CIL HQ and the same has been integrated with primary MPLS & CIL LAN for smooth functioning of ERP.

v.    Formulation and adoption of uniform and standardized CCTV AMC terms & conditions for CCTV maintenance and upkeep pan Coal India.


14. 1: Statutory Frame-work for safety in coal mines:

Coal mining, world over, is highly regulated industry due to presence of inherent, operational and occupational hazards and associated risks. Coal Mine Safety Legislation in India is one of the most comprehensive and pervasive statutory framework for ensuring occupational health and safety (OHS). In India, the operations in coal mines are regulated by the Mines Act- 1952, Mines Rules -1955, Coal Mines Regulations-2017 and several other statutes framed there under. Directorate-General of Mines Safety (DGMS) under the Union Ministry of Labor & Employment (MOL&E) administers compliance of these statutes. Other major Acts/Rules are applicable in coal mines are the Electricity Act- 2003, Central Electricity Authority (measures rel. to safety & supply) Regulations - 2010, Indian Explosive Act-

1884 & Explosive Rules-2008, Indian Boiler Act-1923, the Employee's Compensation Act- 1932 (Principal Act) and the Factories Act - 1948 Chapter -III & IV and several other statutes framed there under.

14. 2: Occupational Health and Safety Policy of CIL:

In compliance requirement of requirement Coal Mine Regulation - 2017, a fresh Occupational Health and Safety Policy of CIL was approved by CIL Board of Directors during its 448th meeting held on 04.01.2023.

Occupational Health and Safety Policy of CIL: We, at

Coal India Limited, are committed to ensure the health and safety of our employees. CIL believes that accidents are preventable and industrial health hazards are controllable with foresight, relevant training, purposeful attitude and appropriate equipment.

CIL is committed to:

A.    Carry out all mining and associated activities in such a manner as to avoid harm to employees, neighbouring communities & environment.

B.    Comply all relevant statutes for occupational health and safety.

C.    Continuously promote and improve safe practices in all its operations in a planned manner along with its monitoring and feedback.

D.    Develop a culture of progressive improvement in practices and systems related to Occupational Health and Safety (OHS) at work places.

CIL will achieve these objectives by:

1.    Planning and designing of mine with adequate provision for Occupational Health and Safety.

2.    Hazard Identification and Risk Assessment based Safety Management System in mines.

3.    Adoption of suitable technology for improvement in Occupational Health and Safety (OHS) system in work places.

4.    Provision of adequate resources for effective execution of Occupational Health and Safety (OHS) system in work places.

5.    Engage the safety personnel exclusively for improving safety standards and safety cultures of mines.

6.    Organize appropriate forums with employees’ representatives for joint consultations on occupational health and safety matters to promote motivation and commitment of employees in occupational health and safety system;

7.    Multi-level monitoring of the implementation of the Occupational Health and Safety (OHS) system in mines through Internal Safety Organization (ISO) at the company headquarters and Area Safety Officers at area level;

8.    Periodically auditing of the procedures and practices related to Occupational Health and Safety (OHS) System;

9.    Institute continuous education, training and retraining all employees with the accent placed on development of safety oriented skills;

10.    Continuous efforts to improve the occupational health standards, workplace ambience and health conditions of the employees.

14. 3: Major functions of Corporate ISO

1.    Inspection of mines to review safety status therein.

2.    Fact finding enquiry into fatal accidents as well as major dangerous occurrences.

3.    Monitoring Mine Safety Audit conducted every year.

4.    Imparting specialized training by SIMTARS accredited trainers.

5.    Issuance of internal Technical Circulars / Management Guidelines / Advisory related to safety.

6.    Maintenance of accidents / major incidents database and Analysis of mine Accidents.

7.    Monitoring safety related R&D activities in CIL.

8.    Organizing CIL Safety Board and National Dust Prevention Committee (NDPC).

9.    Monitoring mine rescue preparedness at different mine rescue establishments.

10.    Publication of Safety Bulletin.

11.    Liasioning with various agencies on the matter of mine safety.

12.    Monitoring of CIL Safety Information System (CSIS) database.

13.    Response to parliamentary matters and queries under the RTI Act- 2005 w.r.t mine safety.

14. 4: Mine Accident Statistics

•    Analysis of Mine Accident Statistics in CIL - Accident statistics is the relative indicator for safety status in mines. Over the years, the safety performance of CIL has improved significantly. Both Fatalities for the year 2022 have reduced to the lowest since inception of Coal India Limited in 1975. Significant reducing trend in mine accidents can be attributed to the following contributing factors:

•    Commitment and synergetic cooperation amongst all stakeholders.

•    Use of state-of-the-art technology in the field of Mining Methods and Safety Monitoring.

14. 5: Measures for improvement of Mine Safety in 2022

CIL has vigorously pursued several measures in the year 2022, along with the on-going safety related initiatives, apart from compliance of statutory requirements for enhancing safety standard in mines, which are given below:

•    Safety Audit of mines conducted through multidisciplinary Inter Area Safety Audit teams. Further, Check Audit for 10% of mines of CIL also conducted by Inter Subsidiary multidisciplinary team to reassess the audit conducted by the auditors.

•    Safety Management Plans (SMPs) are being reviewed and controls measures are complied.

•    Principal Hazards Management Plans (PHMPs) are being reviewed and controls measures are complied.

•    All mining operations are being performed as per Standard Operating Procedures (SOPs).

•    Scientific studies OB dumps & Benches as well as for SCAMP in underground mines.

•    Tool box safety talk and Pre-shift safety briefing for effective assessment of safety related hazards before start of operation.

•    Personal Safety Counselling & Employee Assistant Program has been initiated for sensitization about safety.

•    Special Safety drives conducted to improve safety and enhance safety awareness.

•    Regular co-ordination meeting with ISOs for assessing the safety status of mines.

•    58th CIL Safety Board was held for assessing safety status of all mines.

•    Mist type fixed as well as trucks mounted water cannons have been introduced in OC mines.

•    Preparation of short Video Clips or Animation films on various Mine Safety Procedures, Dos & Don’ts related to operation and Mine Accidents prepared and shared amongst employees.

•    Concept of Suraksha Mitra Mandali/Circle has been introduced in this year to inculcate safety culture amongst employees.

•    Micro and macro level action plan prepared for monsoon and implemented.

Apart from the above specific actions, the following are on-going measures for improving safety standards:

•    Emphasis on use of the state-of-the art mining technology.

•    Adoption of the best practices for Strata and Gas Management

•    Strengthening Water Danger Management.

•    Training on Mine Safety & Skill Up gradation.

•    Emphasis on inspection of mines.


15. 1: Training on Mine Safety:

•    Initial and Refresher training & On-the-Job Training as per statute.

•    Training on Simulators to HEMM operators.

•    Skill up-gradation of frontline mine officials on continual basis on various topics.

•    Sensitization of all employees including Members of Safety Committees and contractual workmen on a regular basis.

•    Experienced electrical supervisors of the Area are being engaged for imparting training to electricians and electrical helpers in VTCs.

•    Domain knowledge of experienced Agent, Mine Managers, E&M & Excavation Engineers and other senior level executives are being used in imparting training to enhance the quality of training.

15. 2: Mine Emergency Response and Evacuation

Plan (EREP)

•    Procedures for immediate notification to all persons affected by the emergency.

•    Procedures for the safe, orderly and immediate withdrawal of persons from danger.

•    Procedures for rescue of persons incapacitated or trapped due to accident.

•    Procedures for providing first aid, transportation, medical treatment to injured.

•    Special training to respond to critical operations and mine emergencies.

•    Mock Rehearsals for examining the efficacy of Plan.

•    Demarcating Emergency Escape Routes in belowground and training on evacuation.

•    Flow Chart prepared for transmission of information regarding crisis / disaster.

15. 3: Mine Rescue Services in CIL:

•    Subsidiaries of CIL maintain 6 Mine Rescue Stations (MRS), 13 Rescue Rooms-with-Refresher Training

facilities (RRRT) and 17 Rescue Rooms (RR) at strategic locations to cater to the emergencies on 24X7 basis.

•    All Rescue Stations / Rescue Rooms are fully equipped with adequate numbers of rescue apparatus and staffed by adequate numbers of Rescue Trained Personnel (RTP) as per the MRR-1985.

•    Mine Rescue Team from WCL has bagged third position in Mine Rescue Skills Category at the 12th International Mines Rescue Competition (IMRC) organized by Mines Safety and Health Administration Academy in Beaver, West Virginia, USA.


Coal India Limited is ever geared up to meet the expectations of the Nation by maintaining an uninterrupted coal supply chain to ensure energy security. How critical is the role of Human Resource in achieving this goal is well understood by the organization and hence development of the workforce is one of the top priority activities in which the Company has consistently been investing. The HR Leadership looks ahead with a clear perspective with reference to the target of producing 1BT coal by 2025-26, intensity of deploying enabling technology that is required to meet the target and associated training interventions. Diversification of business is another area, where capability diversification is well anticipated for which the company is preparing itself to keep pace.

During 2022-23 different training programs were organized at subsidiary headquarters, training centres, vocational training center and also at CIL’s own in-house training facility Indian Institute of Coal Management Ranchi. This training programs were organized after accessing the training needs in the respective category of employees within the subsidiary.

Employees were given trainings for skill development and acquisition of knowledge and skill in existing and future technology as well as safety. In addition to in-house training, employees were trained at reputed training institutes like IIM Lucknow, IIM Calcutta, IIM Indore, IIM Nagpur, ISM Dhanbad, XLRI Jamshedpur etc. in their respective fields of operations.

16. 1 Training and Development of Human Resource:

In Financial year 2022-23, a total of 89,168 employees have been trained in house, out of this 17,404 were executives and 71,764 were non-executives. A total of 6415 employees have been trained outbound but within the country, out of this 5895 were executives and 520 were non- executives. During the FY 22-23, 5,83,984 training man-days were achieved for CIL employees including executives and non-executives (excluding contract workers) across Subsidiaries.

52 Executives attended workshops/Conferences/training/ visits outside the country in this Financial year.

36,644 contract workers were trained in the financial year 2022-23.

16. 2 Engagement of Apprentices:

During the year 2022-23, in CIL and its subsidiaries a total of 8891 Apprentices were engaged through National Apprenticeship Training Scheme (NATS) and National Apprenticeship Promotion Scheme (NAPS) portals which constitutes around 2.62 % of total manpower including contractor workers.

16. 3 Special Initiatives:

•    Training Need Analysis of entire executive workforce of CIL undertaken and completed within a stipulated time frame with consultancy support from M/s Deloitte. Under this study, competency gaps have been identified and need based training programs will be organized to bridge the gaps.

•    Training of Below Board level Executive: A total of 1083 Executives across various levels and disciplines were imparted training in Premier Institutes like IIM Lucknow, IIM-Indore, IIM-Calcutta, IIM-Nagpur, XLRI Jamshedpur, ISM Dhanbad on various topics like “General Management, Managing people, Contract Management, ESG Management, HRM, RCA for Safety Personnel”.

•    4 executives trained on Solar energy project at National power Training Institute; 70 Senior Executives underwent training on Carbon Neutrality at IIM Calcutta.

•    A pilot batch of 16 executives across CIL are undergoing a six-month Certificate Course on HR Analytics being provided by XLRI Jamshedpur.

•    In House Training programs (by IICM, Ranchi) : Some of the major training programs undertaken in this FY:

a.    DISHA: The way Ahead - Recently promoted 29 General Managers across CIL attended the program to understand the responsibilities of the new roles.

b.    LAKSHYA: A Personal Journey for Development and Transformation was organized for 50 GMs/ Chief Managers across CIL and Subsidiaries.

c.    MANTHAN:    A director-level leadership

development programme for the newly selected Directors on the Boards of various Subsidiaries of CIL.

d.    OUTBOUND PROGRAM:    Leadership

Development with professional support from TSAF for 24 female executives at Mussoorie. Team

building and leadership programs conducted at other places for the Executives were Ladakh, Shimla, Jim Corbett, and Panchgani.


During the Financial Year (F.Y.) 2022-23, Coal India Limited (CIL) has inducted Management Trainees, Medical Executives and other Executives at lateral level through direct recruitment to fill up the vacancy arising out of retirement, resignation etc. Departmental promotion / selection was also made in different disciplines by promoting Non-Executive employees to Executive cadre. The details of Executive manpower influx in CIL for F.Y. 2022-23 are as follows:

1.    581 Management Trainees (MTs) were selected on the basis of GATE-2021 Score against 588 vacancies notified in the Recruitment Advt. No. 03/2021 of CIL wherein 281 MTs have joined.

2.    958 Management Trainees (MTs) were selected on the basis of GATE-2022 Score against 1026 vacancies notified in the Recruitment Advt. No. 02/2022 of CIL. 723 MTs have joined across Subsidiaries till date. Joining formalities of the MTs selected in further Phases are presently underway.

3.    366 MTs were selected on the basis of Computer Based Test (CBT) Score against 398 vacancies notified in the Recruitment Advt. No. 03/2022 of CIL (CBT-2022) wherein 295 MTs have joined across Subsidiaries till date. Joining formalities is presently underway. Further, Documents Verification (DV) and Initial Medical Examination (IME) in r/o 43 candidates selected in CBT-2022 (2nd Phase) was conducted on 27.03.2023.

4.    During the F.Y. 2022-23 (Upto 30.09.2022), from the Decentralized Recruitment of Medical Executives - 2021-22, 43 Medical Executives joined across Subsidiaries.

5.    Regarding Decentralized Recruitment of Medical Executives - 2022-23: Out of 255 candidates selected, 193 reported and 82 joined.

6.    After completion of successful training period, 573 MTs posted across Subsidiaries were placed in E3 grade.

7.    10 Company Secretaries were selected under the Lateral Recruitment from E3 to E-8 Grades. Out of which 1 posted in CIL and the remaining posted in various Subsidiaries.

8.    Regard ing Career Progression of Departmental candidates:

a)    504 Departmental candidates have been selected from Non-Executive to Executive cadre in Mining discipline.

b)    282 Departmental candidates have been promoted / selected from Non-Executive to Executive cadre in Survey discipline and posted at different Subsidiaries.

c)    331 departmental candidates have been promoted / selected from Non-Executive to Executive cadre in 10 disciplines and posted at different Subsidiaries.

d)    315 departmental candidates who completed 01 year probation period in E2 grade were placed in E3 grade.


18.1    The total manpower of the Company including its subsidiaries as on 01.04.2023 stood at 2,39,210 against 2,48,550 as on 01.04.2022. A detailed Subsidiary wise position of Manpower is given in Annexure 15.

18.2    The presidential directives with respect to manpower for Scheduled Caste/Scheduled Tribes/OBC have been implemented in all the subsidiaries/units of Coal India Limited.


The Industrial Relations scenario in CIL & its subsidiaries during the financial year remained cordial. Joint Consultative Committees and other Bipartite Committees at Unit/Area levels and Subsidiary (HQ) levels continued to function in harmony. Meetings of Bilateral Committees were held at regular intervals at CIL to address IR, Welfare, Productivity/ Production, Safety etc. issues. Except for few minor issues of local nature at a few subsidiaries, there has been no major IR problem in the company.


Coal India Limited strives to provide the best facilities for Welfare of its employees and their families. The facilities that are extended to all sections of the Society like- Scheduled caste, Scheduled Tribe, backward classes, minorities as well as other marginalised segments of the society, without any discrimination, are given below: -

20. 1 Housing facilities

In CIL and its subsidiaries, all eligible employees are provided company quarters subject to availability and Company rules. Regular repair and maintenance including thorough repair of these housings are undertaken regularly to provide decent housing to employees.

20. 2 Water supply

To provide clean drinking water to the employees and their families, many water supply schemes have been taken up. Supply of water is done after proper treatment and several RO plants/ Pressure filter plants are also existing in coalfields that cater not just to our employees but also to the population in the neighborhood. During summer months, in areas facing water scarcity, water is also supplied through tankers.

20. 3 Educational Facilities

The subsidiary companies of CIL have been providing financial assistance and infrastructure facilities to schools operating in Mines areas like DAV, Kendriya Vidyalaya, Delhi

Public School etc. and other Educational Institutions run by the State Government to provide quality education to the employees’ children. In addition, financial assistance and infrastructure facilities are also provided to certain privately managed schools and other educational institutions by some of the subsidiary coal companies functioning in and around coalfield areas. These schools cater to the requirement of the entire population in coalfield areas.

20. 3.1 Coal India Scholarship Scheme:

For employees’ children, two types of Scholarships, namely Merit and General Scholarship, are being provided every year under prescribed terms and conditions.

a)    In Merit Scholarship, Students securing 1st to 20th position in Madhyamik/ H.S. or any State Board or securing 95% and above marks in ICSE, CBSE / ISC Exam (Class-X & XII) are given scholarship per month.

General Scholarship is provided to Students studying Class-V onwards up to Graduation /Post- graduation level in any discipline subject to prescribed percentage of marks.

b)    Cash Award and certificate of appreciation: -

Every year, Cash Award of 5000/- and 7000/-respectively are provided to the Meritorious wards of CIL employees who secure 90% or above Marks in aggregate in 10th and 12th standard Board level examination.

c)    Considering the high cost of technical and medical education in the country, Coal India Limited is providing financial assistance towards meeting the cost of education of the dependent children of Wage Board Employees to the extent of tuition fees and Hostel charges for pursuing studies of Engineering / Medical in IITs, NITs, Govt. Engg. and Govt. Medical college.

20. 4 Medical Facilities

Coal India Limited and its subsidiaries are extending medical facilities to the employees and their families through various medical establishments from the dispensary level to the central and Apex Hospitals in different parts of the coalfields. For specialized treatment, where the expertise/

facilities is not available, they are also referred for treatment outside the empaneled hospital.

For transporting the patient to hospitals, ambulances with latest technology and life support systems are provided at central places in entire coalfields.

In addition, special emphasis has also been given on Occupational Health, HIV /AIDS awareness programme for the employees and their families.

Medical facilities of OPD and indoor treatment in Company’s hospitals/ dispensaries are also extended to the workers engaged by contractors.

During the Covid pandemic, the medical fraternity and the staff have provided commendable support to the population of coalfield areas.

20. 5 Statutory Welfare Facilities

In accordance with the provision of the Mines Act 1952 and Rules and Regulations framed there-under, subsidiaries of Coal India Limited are maintaining various statutory welfare facilities such as Canteen, Rest Shelters etc. These facilities are for use by the employees of the company as well as contractor’s labor alike.

20. 6 Non-Statutory Welfare Measures

20.6.1    Co-operative Stores and Credit Societies

In order to supply essential commodities and consumer goods at a cheaper rate in the collieries, Central Cooperative and Primary Co-operative Stores are functioning in the Coalfield Areas of CIL.

20.6.2    Banking Facilities and Post Offices

The Management of Coal companies are providing infrastructure facilities to the various Nationalized Banks for opening their Branches and Extension Counters in the Coalfields for the benefit of their workers. Similarly, there have been efforts to bring the post offices to the proximity of workers by encouraging opening of Account facilities closer to residential colonies

20.6.3    Sport Facilities

There are recreational and sports facilities near residential colonies of workers to ensure the wellbeing and good health of the workers and their families

For the purpose of promotion of Sports and Culture, Coal India has an approved Sports Policy administered through Coal India Sports Promotion Association (CISPA), a body registered under the West Bengal Society’s Registration Act; and this association supports Sports and Culture by way of providing sponsorship/ financial assistance in the coalfield areas. CISPA is also lending support to various subsidiaries in creation of sports infrastructure for the benefit of larger local population

20.7 Empowerment of Women

There are 19794 female employees working in CIL and its Subsidiary companies. In order to ensure their health, safety and welfare, the coal companies ensure compliance to all statutory requirements, enhanced maternity leave, child care leave, creche etc

Also, Forum of Women in Public Sector (WIPS) under the aegis of SCOPE (Standing Conference of Public Enterprises) is operational in all coal companies/ CIL for empowering them and provide a platform for networking.

In terms of the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013, Coal India Limited has an Internal Complaints Committee.

20.    8 CIL Welfare Board Meeting

A bipartite forum comprising of representatives from trade unions and management constitutes the Welfare Board. This Welfare Board holds its meetings at unit/ subsidiary and headquarter level regularly. The welfare Board takes important decisions regarding the welfare measures for employees, housing facilities upliftment, drinking water facilities and all other facilities. The Welfare Board also monitors the quality of facilities.


A. Vigilance Cases during the year 2022-23


No. of cases

Opening Cases






Disposed off


Closing Cases



Plantation and Green belt are developed through extensive tree plantation programme every year by the Subsidiaries of CIL. Avenue plantation, plantation on OB dumps, plantation in and around mines, residential colonies, and available government land are undertaken in the existing as well as the new projects. The subsidiaries of CIL have planted around 31.01 lakh saplings during 2022-23 in an area covering more than 1,613.39 Ha. (Around 1,126 Ha inside mine lease area & over 487 Ha outside mine lease area) with an increase of about 10 % over previous year in terms of area of plantation


Coal India Limited is committed to implement the provisions of Official Language Act, Rules and Regulations and all mandatory activities are conducted regularly in every quarter. Activities that take place throughout the year include:

•    Review meeting of CIL Official Language Implementation Committee was organized every quarter.

•    To promote the use of Hindi in official work, a total of 4 workshops were organized in every quarter. Training and practice programs related to Hindi e-tools, Hindi noting, drafting and regular official works were organized and information about constitutional provisions was given.

•    Under the provisions of in-service Hindi training, Hindi Praveen's class is being conducted for the 14 CIL employees in January-2023 session in collaboration with the Government of India's Hindi Teaching Scheme, Department of Official Language, Ministry of Home Affairs, and 15 trainees received training in Hindi the July, 2022 session of 'Pragya' class.

•    Hindi Kavi Sammelan was organized on 22.04.2022 at CIL (HQs), Kolkata premises.

•    Organization of meeting of Hindi Advisory Committee, Ministry of Coal under the chairmanship of Honourable Coal Minister Mr. Pralhad Joshi on 18.05.2022.

•    Poetry recitation competition was organized on 15.07.2022 under the chairmanship of CIL and under the aegis of TOLIC (PSUs), Kolkata. In which 80 participants participated.

•    A technical seminar was organized at Hotel Taj Vivanta on 29.07.2022 under the chairmanship of CIL and under the aegis of TOLIC (PSUs), Kolkata.

•    The 12th and 13th issue of Hindi magazine "Koyla Darpan" was published from CIL HQs on the auspicious occasion of Independence day & Republic day respectively.

•    On 25.08.2022, a review meeting of TOLIC (PSUs), was organized under the chairmanship of Director (P&IR), CIL. In which, the member offices which performed excellently in the field of implementation of official language during the year 2021-22 and Hindi magazine were rewarded.

•    In the said meeting, the 26th issue of Hindi magazine 'Abhivyakti' of TOLIC (PSUs), Kolkata was released. Whose publication work was done by the Department of Official Language, CIL. TOLIC (PSUs), Contact directory was also inaugurated in the same meeting.

•    Hindi Fortnight was organized this year from 14-29 September 2022 at Coal India Ltd. (HQ), Kolkata. The Department of Official Language, Ministry of Home Affairs has decided to inaugurate the Hindi Day celebrations of all the government offices of the country this year with the Hindi Day Conference and the Second All India Official Language Conference organized in Surat, Gujarat on September 14, 2022. Compliance of which was also done by the Coal India Ltd. (HQs) Office. Various types of competitions like essay writing, poetry recitation, letter-note writing, quiz, dictation competition, translation competition, computer operation competition was organized during the fortnight. In which 124 participants participated.

•    On 29.09.2022, meeting of the Official Language Implementation Committee and prize distribution program was organized under the closing ceremony of the Official Language Fortnight. In the said ceremony, the winners of the competition were encouraged by giving prizes and 'CIL Rajbhasha Chalshield' to the three departments doing excellent official work in official language Hindi.

•    Under the chairmanship of CIL and under the aegis of TOLIC (PSUs), Kolkata, various competitions in official language Hindi, such as poetry recitation, letter and note writing, essay writing, quiz competition, elocution competition, Translation competition were organized at various centres of Kolkata-based Public sector enterprises in the month of November and December.

•    On 30.01.2023, the 27th issue of 'Abhivyakti', a Hindi magazine of TOLIC (PSU), Kolkata was released.

•    A two-day technical seminar was organized by TOLIC (PSU), Kolkata under the leadership of Department of Official Language, CIL on 30-31 January, 2023. In which official language nodal officers of CIL & officers of other member PSUs also participated.

In order to promote the use of Hindi in official work, the following schemes have been implemented:

(i)    CIL Hindi Book Writing Incentive Scheme"

(ii)    Incentive Scheme for Correspondence / Drafting and doing other official work in Hindi"

(iii)    CIL Hindi book writing scheme

(iv)    CIL Rajbhasha Chal Shild Yojna


Coal India Ltd. has a well-structured Vigilance Division at Corporate HQ Kolkata, headed by a Chief Vigilance Officer & assisted by a multi-disciplinary team of vigilance officers. Similarly, all of its eight subsidiaries have their independent Vigilance Units, each headed by a Full time CVO. At the level of holding company, CVO, CIL acts as a coordinating authority between subsidiary Vigilance, CBI, Ministry of Coal and the Central Vigilance Commission. CVO, CIL at corporate level deals with complaints, investigations and systemic improvements on issues having multi-subsidiary and company-wide ramifications.

Complaints received in organization are dealt in accordance with the ‘Complaint Handling Policy’ of CIL and CVC Guidelines and are processed using the Online Complaint Handling Portal from receipt up to disposal. As a part of preventive vigilance, CIL vigilance division undertakes System Studies of various business processes having operational & financial implications and developed specific system improvement suggestions for the management. Some of the System Improvement Measures (SIMs) undertaken during 2022-23 are briefly summarized below:

•    Mission- Productivity Maximization- Performance analysis of dumpers: Vigilance study revealed that data generated by the on-board Truck Payload Monitoring System (TPMS) have the potential to dramatically improve the efficiency and productivity of the high capacity dumpers. A in depth study was made and recommendations for systematic improvement was suggested to CIL management for implementation. CIL management accepted the suggestion and decided to explore the facility of seamless transfer of data in ERP system for loading and transporting equipment. Based on the deliberations, administrative orders were issued. Portal has been developed to consolidate the data from various subsidiaries which is being monitored by EED in its monthly report.

•    Quantification of Coal stock in CIL: Policy, Process and Pitfalls: A System study was conducted for understanding of the vulnerabilities of the production reporting process based on estimation, with specific focus on (a) improving reliability and authenticity of the present reporting system of Coal Production tonnage

(b) maximizing productivity and efficiency of HEMM. The study has resulted in several system improvement suggestions which have been implemented across the subsidiaries.

•    Systemic improvement suggestions issued in respect of procurement of larger size HEMM tyres: A robust procedure for ascertaining the performance of items procured at CIL level and consumed at subsidiary/ Project level is suggested to be designed and incorporated in supply orders. Recommended that duration of warranty period should be suitably amended for protecting the interests of CIL. An SOP for warranty claims is suggested to be issued which is complied.

Complaint Handling: During the year 2022-23, CIL Vigilance Division received 569 complaints including those forwarded by MoC, CBI and CVC out of which 560 have been disposed of during the year.

Punitive Vigilance: The Vigilance Units of CIL and its subsidiaries undertook numerous intensive examinations, surprise checks and investigations leading to punitive actions on 265 officials during the year.

Vigilance Awareness Week: In the year 2022, Vigilance Awareness Week was observed from 31st October to 6th November, 2022 on the theme “Corruption Free India for a Developed Nation”.

The observance of VAW was preceded by a special campaign during the period 16th August 2022 till 15th November, 2022 as a precursor to Vigilance Awareness Week 2022 on Preventive Vigilance cum Housekeeping activities as circulated by CVC vide Circular No. 14/07/22, dated 25.07.2022 with six focus areas, namely; Property Management, Management of assets, Record Management, Technological Initiatives, Updation of guidelines/circulars/ manuals and disposal of complaints. Stake-holders’ and Customers’ Meets have been organized and suggestions/ issues raised are acted upon. During this week Integrity pledge, Essay writing competition, speech competition, online quiz amongst the school and college students, drawing and painting competition of students, spouses and wards of employees of Coal India conducting sensitization program, walkathon for vigilance awareness etc. were organized by CIL HQ.


MCA vide its Notification dated 5th June’2015 has exempted the same for Government Company. None of employee of CIL and its Subsidiaries are earning in excess of H 1.02 crore per annum.


a) . Functional (Executive) Directors: -

As on 31.03.2023, the Functional Directors of Coal India

Limited are as under:-

1.    Shri Pramod Agrawal[DIN-00279727]- Chairman cum Managing Director (CMD)

2.    Shri Pramod Agrawal [DIN-00279727]-Director(Fin.),Additional charge till 28th December’2022

3.    Shri S.N. Tiwary [DIN-07911040]-Director (Marketing)-superannuated on 30th April’ 2022

4.    Shri Vinay Ranjan[DIN-03636743]- Director (P & IR)

5.    Dr. B. Veera Reddy- [DIN-08679590]- Director (Technical)

6.    Dr. B. Veera Reddy- [DIN-08679590]- Director ( Marketing) additional charge from 1st May'22 to 22nd Dec'22

7.    Dr B. Veera Reddy- [DIN-08679590] Director (Finance), additional charge from 29th December’22

8.    Shri Debasish Nanda[DIN-09015566]- Director (Business Development)- from 11th July’ 2022

9.    Shri Mukesh Choudhary[DIN-07532479]- Director (Marketing)- from 23rd December’ 2022

b)    Government Nominee Directors: -

1.    Shri Vinod Kumar Tiwari [DIN-03575641]- AS, MoC-ceased to be Director on 21st February’ 2023

2.    Mrs Nirupama Kotru-[DIN-09204338]- JS & FA,MoC

3.    Shri Nagaraju Maddirala-[DIN-06852727]- Addl. Secy,MoC appointed on 22nd February’ 2023

c)    Independent Directors: -

There are the following seven Independent Directors were

appointed in CIL Board :-

1.    Prof. G. Nageswara Rao -[DIN-08461461]

2.    CA Denesh Singh - [DIN-08038875]

3.    Shri B. Rajesh Chandar - [DIN-02065422]

4.    CA Kamesh Kant Acharya -- [DIN-09386642]

5.    Shri Makwana P Kalabhai - [DIN-09385881]

6.    Dr. Arun Kumar Oraon -- [DIN-09388744]

7.    Shri Ghanshyam Singh Rathore - [DIN-09615384] appointed on 1st March’ 2023

d)    Permanent Invitees: -

1.    Shri P. M. Prasad, CMD, Central Coalfields Ltd.

2.    Shri Bhola Singh, CMD, Northern Coalfields Ltd.

3.    Ms. Jaya Varma Sinha, Addl. Member-Traffic, Transportation, Railway.

e)    Key Managerial Personnel: -

1.    Shri Pramod Agrawal -Chief Executive Officer (CEO)

2.    Shri S.K. Mehta, ED (Finance)- Chief Financial Officer (CFO)

3.    Shri M. Viswanathan- ceased to be Company Secretary and Compliance Officer on 30th September’22.

4.    Shri B. P. Dubey- appointed as Company Secretary and Compliance Officer, CIL w.e.f. 21st October’ 2022.

Your Directors wish to place on record their deep sense of appreciation for the valuable guidance and services rendered by the Directors during their tenure, who ceased to be the Directors during the year.

In terms of Article 39(j) of the Articles of Association of the Company, one third of the Directors are liable to retire by rotation shall retire at the ensuing Annual General Meeting and they are eligible for reappointment. Shri Vinay Ranjan, Director (P&IR), CIL and Dr. B. Veera Reddy, Director (Technical), CIL will retire by rotation and has offered themselves for re-appointment.

The Board of Directors held 11 meetings during the year 2022-23.


CIL in pursuance of excellence in corporate governance formed an Audit Committee of its Board of Directors w.e.f. 20th July’ 2001 and the Audit Committee was re-constituted by the Board in its 433rd meeting held on 12th Nov’2021 consisting of 4 Independent Directors, One Government Nominee Director, One Whole Time Director (Director Technical) and One permanent Invitee (Director Finance). The composition, quorum, powers, role and scope are in accordance with Section 177 of the Companies Act, 2013 and the provisions of Regulation 18 of SEBI (LODR) 2015. Details were disclosed in Corporate Governance Report


Sustainable Development Committee including CSR was constituted by CIL Board of Directors in its 282nd meeting held on 16-04-2012. This Committee was renamed as CSR Committee in pursuant to Section 135 of the Companies Act, 2013 and the Companies (Corporate Social Responsibility) Rules, 2014. This committee was reconstituted on 12th November 2021 comprising of 2 Independent Directors, 1 Govt. Nominee Director and 1 Functional Director. Details

were disclosed in Corporate Governance Report


Independent directors had given their declaration during 2022-23 that they meet the criteria of independence as stipulated in sub-section (6) of Section 149 of the Companies Act 2013.

Further, as required under Section 149(7) of Companies Act’13 and Regulations 25(8) of SEBI (LODR) Regulations 2015, Independent Directors had submitted declaration that they meet the Independence Criteria as provided in Clause (b) of Regulation 16(i) of LODR 2015 and they are not aware of any circumstance or situation, which exists or may be reasonably anticipated that could impair or impact their ability to discharge duties with an objective independent judgment and without any external influence. Further, as required under Regulation 25(9) of LODR 2015, the Board of Directors of the Company in its 450th Board meeting held on 19th April’23 took on record the declaration and confirmation submitted by the Independent Directors under Regulations 25(8) after undertaking due assessment of the veracity of the same.




All 7 Independent Directors had registered themselves with IICA, Data Bank. As stipulated by SEBI (LODR) Regulations 2015, the list of core skills/expertise/competence as possessed by them was approved by Board in its 450th Board meeting held on 19th Apr’23. This includes Integrity, expertise and experience of Independent Directors.


All the recommendations made by Audit Committee and other Sub-Committees were accepted by the Board.


MCA vide Notification dated 5th June’2015 had exempted the above for Government companies.


MCA vide Notification dated 5th June’2015 had exempted the above for directors of Government companies.


MCA vide notification dated 5th June’2015 had exempted evaluation mechanism for Govt. Companies.


Related Party Transactions made with the Subsidiary companies were exempted under Regulation 23(5)(a) and (b) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 being transactions between two government companies and transactions entered between a holding and its wholly owned Subsidiaries whose accounts are consolidated with holding company and placed before the shareholders at the general meeting for approval. Accordingly, Form AOC 2 is not applicable.


Loan, guarantees and investments made by Coal India Limited in terms of Section 186 of the Companies Act 2013 is enclosed in Annexure 16.


Board of Directors are fully briefed on all business-related matters, associated risk and mitigation measure taken by the company, new initiatives etc. of the company. The Board of directors were also briefed about the provisions of Companies Act 2013, Prohibition of Insider Trading Regulations as amended and SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015. As per Regulation 25 of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015, the listed entity shall familiarize Independent Directors through various programmes about the listed entity, including the following:

(a)    Nature of the industry in which the listed entity operates;

(b)    Business model of the listed entity;

(c)    Roles, rights, responsibilities of Independent Directors; and

(d) Any other relevant information.

As per regulation 46 of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015, the details of familiarization programmes given to Independent Directors is to be disclosed on the website of the company. The same is disclosed in company’s website and link is given hereunder:    -



The company has an Anti-Sexual Harassment Policy in line with the requirements of The Sexual Harassment of Women at the Workplace (Prevention, Prohibition & Redressal) Act, 2013. Internal Complaints Committee (ICC) is working at every Subsidiary and office of Coal India Limited to redress complaints regarding sexual harassment. All women employees (permanent, contractual, temporary, trainees) are covered under the said policy. The ICC members of Coal India Limited, headquarters as on 31st March’23 are as follows:

1.    Ms. Binita De - Chairperson

2.    Shri CVS Ramanujam- Member

3.    Ms. Namrata Shukla- Member

4.    Ms. Shweta Loharuka- Member

5.    Shri Arun Bohra - Member

6.    Ms. Pallabi Halder - NGO Member

One sexual harassment complaint was received during the year 2022-23 at Coal India Limited Hqs. Charges of Sexual Harassment in the complaint was proved. The Employee was suspended for a period of 10 days and transferred from the office.


In terms of Section 134(3) (c) of the Companies Act, 2013, read with the Significant Accounting Policies at Note-2 & Additional Notes on Accounts at Note-38 forming part of CIL (Standalone) Accounts and Significant Accounting Policies at Note-2 & Additional Notes on Accounts at Note-38 forming part of CIL (Consolidated) Accounts.

It is confirmed that:

a)    In the preparation of the Annual financial statements, the applicable Indian Accounting Standards have been followed and no material departures have been made from the same;

b)    The Accounting Policies have been selected and applied consistently and iudgements and estimates made that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and profit and loss of the company for that period;

c)    Proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d)    The Annual Financial Statements have been prepared on a going concern basis;

e)    Internal Financial Controls have been laid down and such controls are adequate and were operating effectively during the year ended 31st March'2023.

f)    Proper systems have been devised to ensure compliance with the provisions of all applicable laws and such systems were adequate and operating effectively.

For CIL (Consolidated) Financial Statements, such confirmation is based on confirmation obtained from Ten Indian subsidiaries of CIL viz: Eastern Coalfields Limited, Bharat Coking Coal Limited, Central Coalfields Limited (consolidated), Northern Coalfields Limited, Western Coalfields Limited, Mahanadi Coalfields Limited (consolidated), South Eastern Coalfields Limited (consolidated), Central Mine Planning & Design Institute Limited, CIL Solar PV Limited and CIL Navikarniya Urja Limited. However, for the overseas subsidiary viz. Coal India Africana Limitada, incorporated under Mozambique Commercial Code and for Joint Ventures viz. International Coal Ventures Private Limited, NTPC Urja Private Limited, Hindustan Urvarak & Rasayan Limited, Talcher Fertilizers Limited and Coal Lignite Urja Vikas Private Limited where CIL is not the majority shareholder, such confirmation have not been obtained.

Internal Financial Control & its Adequacy: (Details are disclosed in MD & AR portion)


The statement containing the salient features of the financial statements of company’s Subsidiaries, Associate companies and Joint ventures under the first proviso to sub-section (3) of section 129 of Companies Act,2013 is enclosed as AOC 1 in Annexure 17. In terms of General Circular No.2/2011 dated 8th Feb 2011 from Ministry of Corporate Affairs, the Annual Accounts of the Subsidiary companies shall be made available to the shareholders on demand.


M/s Shome & Banerjee conducted Cost Audit of your company for the Financial Year 2021-22 and Cost Audit Report was approved by the Board of Directors by Circulation. The above report was filed in XBRL mode with MCA on 27th September 2022. All the Cost records as specified by the Central Government under sub-section (1) of section 148 of the Companies Act, 2013, is required by

the Company and accordingly such accounts and records are made and maintained.

M/s R. M. Bansal & Co was appointed as Cost auditor for CIL Standalone for the Financial Year 2022-23. E-form CRA-2 has been filed with MCA.


Import by Coal India Ltd (Consolidated) in the last 3 years are as below:

(H in crore)




Custom Duty Including GST &












In pursuance of Section 204 of Companies Act 2013, company had conducted Secretarial Audit for the year 2022-23 by a peer reviewed practicing Company Secretary firm M/s Parikh & Associates, Practising Company Secretaries. Their appointment was approved in 449th CIL Board meeting held on 31st January’2023. Company has obtained ‘Secretarial Audit Report’ for the year 2022-23 in form MR-3 and the response to their comment is enclosed in Annexure 18. In addition, CIL has 6 Material Unlisted Subsidiaries and their Secretarial Audit Report along with Observation of Secretarial Auditor and Management Reply are also annexed as per Regulation 24A of LODR 2015.


CIL has approved Risk Management Charter and Risk Register to build up a strong Risk Management Culture to achieve company’s goals and objectives. The entity level Risk Assessment comprises Strategic Risk, Operational Risk, Financial Risk, Compliance Risk, Project Related Risk and Support System Risk.

As per the Risk Register, various risks have been identified for CIL & its Subsidiaries. Risk Owner & Risk Mitigation Plan Owners have also been nominated for each risk identified to ensure continuous monitoring and mitigation thereof. A Risk Management team headed by Chief Risk Officer (CRO) in consultation with HoDs and under the guidance of the Risk Management Committee had implemented the governance process envisaged in the Risk Management Framework along with formulation of Risk Mitigation plans for RTMs (Risk That Matters) of CIL. The Seven RTMs of CIL under purview of risk management are : Risk due to unviable Underground Mining operations, Cyber Security Risk, Competition risk from Commercial mining and renewables, Credit risk of receivables from PSUs, Operational Safety Risk arising out of mining Operations, Evacuation challenges for coal offtake and Technology upgradation and improvement of availability & utilization of HEMM.

45.    WEBLINK

The following policies are uploaded and may be accessed on the Company’s website as under: -

1.    Corporate Social Responsibility Policy: CSR Policy w.e.f. 08.04.2021.pdf

2.    Vigil Mechanism/Whistle Blower Policy: whistle-blower-policy TYEsLJw.pdf

3.    Policy for determining Material Subsidiary: POLICY FOR DETERMINING MATERIAL SUBSIDIARIES 21032015.pdf

4.    Related Party Transaction Policy: Related Party cOumNP8.pdf

5.    Policy on determination of Materiality under SEBI(LODR) Regulations,2015 Policy on determination of Materiality under SEBI LODR Regulations 2015 030 CnX61Sk.PDF

6.    Policy on Preservation of documents including Archival Policy under SEBI(LODR) Regulations 2015 Policy on Preservation of documents including Archival Policy under SEBI LODR ZXTbKI6.pdf

7.    Dividend Distribution Policy under SEBI (LODR) Regulations 2015 Dividend Distribution policy of Coal India Limited 25102017 QwCV1sY.pdf

8.    Annual Return for the year 2022-23.

Pursuant to Section 92(3) read with Section 134(3)(a) of the Act, the Annual Return as on March 31,2023 is available on the Company’s website on



1.    None of the Director is disqualified for appointment as per Section 164 of the Companies Act’2013.

2.    Company has not issued any Equity share with differential voting rights, Sweat Equity shares and ESOP.

3.    The Unclaimed Interim Dividend amount for the year 2015-16 amounting to H 1,61,82,451/- was transferred to IEPF Account on 4th April, 2023. In addition, 32,520 shares in respect of which dividend remained unclaimed for the last 7 years had also been transferred to IEPF Account on 28.04.2023. The details are available in CIL website.

4.    No Statutory, Secretarial, and Cost Auditors had resigned during the year 2022-23.

5.    No relative of a director was appointed to place of profit.

6.    As per Regulation 32(4) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 deviation of Proceeds of Public issue is not applicable to the company.

7.    There is no deposit covered under Chapter V of Companies Act 2013.

8.    There is no deposit, which is not under compliance of Chapter V of Companies Act 2013.

9.    There is no change in the nature of business.

10.    No Director is in receipt of any commission from Subsidiary companies in which he is a director.

11.    Applicable Secretarial Standards, i.e. SS-1 and SS-2, relating to ‘Meetings of the Board of Directors’ and ‘General Meetings’, respectively, have been duly followed by the Company.

12.    There are no Material changes in company business from the end of financial year 2022-23 till the date of this Board Report.

13.    For the Financial year 2022-23, there has been no application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 (31 of 2016) during the year alongwith their status as at the end of the financial year.

14.    The details of difference between amount of the valuation done at the time of one-time settlement and the valuation done while taking loan from the Banks or Financial Institutions along with the reasons thereof-Not applicable in CIL for the Financial Year 2022-23.


1.    Details in respect of frauds reported by Auditors under section 143(12) other than those which are reportable to the Central Government:

No such report of frauds as per Audit Report of Standalone as well as Consolidated Accounts has been received.

2.    Material changes and commitments, if any, affecting the financial position of the company which have occurred between the end of the FY and the date of the report:

No such material changes and commitments occurred between the end of the FY and the date of the report which may affect the Standalone as well as consolidated financial position of the company.

3. The names of companies which have become or ceased to be its subsidiaries, joint ventures or associate companies during the year.

No new incorporation or any cessation of existing subsidiaries, joint ventures or associate companies occurred during the year.


The following are annexed:-

i)    Profit of CIL & its Subsidiaries for 2022-23 vis-a-vis 2021-22 (Annexure 1).

ii)    Subsidiary wise details of Dividend income of CIL Standalone (Annexure 2).

iii)    The comments of the Comptroller and Auditor General of India on Standalone Financial Statements of Coal India Limited (Annexure 3).

iv)    Auditors Report on the Standalone Financial Statements for the year ended 31st March, 2023 including Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (“the Act”) [Annexure 3(A)].

v)    The comments of the Comptroller and Auditor General of India on Consolidated Financial Statements of Coal India Limited (Annexure 4).

vi)    Auditors Report on the Consolidated Financial Statements for the year ended 31st March, 2023 including Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (“the Act”)[Annexure 4(A)].

vii)    Subsidiary wise Coal Off-take. (Annexure 5)

viii)    Sector-wise dispatch of coal & coal products. (Annexure 6)

ix)    Subsidiary wise details of Stock of Coal. (Annexure 7)

x)    Subsidiary wise details of Trade Receivables. (Annexure 8)

xi)    Subsidiary-wise Statutory Levies paid during 2022-23. (Annexure 9)

xii)    Subsidiary-wise Coking & Non-coking production, Production from underground and opencast mines. (Annexure 10)

xiii)    Subsidiary-wise Washed Coal (Coking) Production. (Annexure 10A)

xiv)    Subsidiary wise Overburden Removal. (Annexure 10B).

xv)    Population of equipment. (Annexure 11)

xvi)    Subsidiary wise details of Capital Expenditure. (Annexure 12)

xvii)    Status of Project Implementation (Annexure 13)

xviii) Safety performance. (Annexure 14)

xix)    Subsidiary wise manpower. (Annexure 15)

xx)    Loan and Advances, Guarantees, Investments made by the company under Section 186(4) of the Companies Act’2013(Annexure 16).

xxi)    Statement pursuant to first proviso to sub-section (3) of section 129 read with rule 5 of Companies (Accounts) Rules, 2014) as on 31st March, 2023. (Annexure 17).

xxii)    Secretarial Audit Report under Section 204 of Companies Act 2013 and Secretarial Audit Report of Material Subsidiaries and Management Explanation. (Annexure 18).

xxiii)    Foreign Exchange Earning and Outgo under Rule 8 of Companies (Accounts) Rules 2014 (Annexure 19).

xxiv)    Details about Technology Absorption and Research and Development of the Company (Annexure 20).

xxv)    Disclosure as per Section 135 of the Companies Act 2013 on Corporate Social Responsibility (Annexure 21).

xxvi)    Significant and Material Orders passed by the Regulators or Courts etc. (Annexure 22).

xxvii)    Corporate Governance Report. (Annexure 23)


The Board of Directors of your Company wishes to record their deep sense of appreciation for the sincere efforts put in by the employees of the Company and Trade Unions. Your Directors also gratefully acknowledge the co-operation, support and guidance extended to the Company by various Ministries of the Government of India in general and Ministry of Coal in particular, besides the State Governments. Your Directors also acknowledge with thanks the assistance and guidance rendered by Statutory Auditors, the Comptroller and Auditor General of India, Registrar of Companies, West Bengal, Secretarial Auditor and Cost Auditor and wishes to place on record their sincere thanks to Consumers for their continued patronage.

For and on behalf of the Board of Directors

Sd/-P.M Prasad

Dated: 18.07.23    Chairman

Place: Kolkata    DIN-08073913


   Subsequent to notification for Single window auction policy, CIL developed the modalities and a new e-auction scheme namely ‘CIL e-auction Scheme 2022’ to implement the Single window mode agnostic e-auction. CIL introduced the new e-auction policy as per CIL e-auction Scheme 2022 from 1st March’23 onwards across all Coal Companies replacing the Spot auction.