PMO Directs Coal India to List All Subsidiaries by 2030
The Prime Minister's Office has directed Coal India to list all its subsidiaries by 2030 to enhance governance and unlock value. Initial Public Offerings (IPOs) for Bharat Coking Coal and Central Mine Planning & Design Institute are targeted by March 2026.
- PMO directs Coal India to list all eight subsidiaries by 2030.
- Move aims to enhance governance, transparency, and unlock asset value.
- Bharat Coking Coal (BCCL) and CMPDIL IPOs slated by March 2026.
- Coal India board approved in-principle listing for MCL and SECL for FY27.
- Listing plans include Offer for Sale (OFS) for partial stake divestment.
- Directive significant for India's energy sector and public sector reform.
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