Coal India gain on green nod to SECL's Gevra mine capacity expansion

The expansion will position Gevra as the largest coal mine in Asia, overtaking Indonesia's Sangatta mine in coal production.

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26 Aug, 2025 12:21

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Shares of Coal India gained on March 6 after its Chhattisgarh-based subsidiary South Eastern Coalfield (SECL)-run Gevra mine secured the environmental clearance to expand production capacity to 70 million tonnes a year.

The expansion will position Gevra as the largest coal mine in Asia, overtaking Indonesia's Sangatta mine in terms of production.

The Gevra mine, stretching approximately 10km in length and 4km in breadth, has a capacity to produce 52.5 million tonnes of coal every year, which makes it the largest in India.

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SECL is a 'Miniratna' company, and one of the eight fully owned subsidiaries of Coal India. Headquartered at Bilaspur, Chhattisgarh, it runs more than 90 coal mines across Chhattisgarh and Madhya Pradesh.

The company deploys environment-friendly, blast-free mining technology, including surface miners and ripper mining equipment, in addition to heavy earth-moving machinery such as 42-cubic-metre shovels and 240-tonne dumpers for overburden removal.

The expansion of Gevra mine aligns with India's aim of achieving self-sufficiency in coal production and phasing out imports for power generation by FY26.

In FY23, the company produced 167 million tonnes (MT) of coal and aims to raise it to 200 MT in FY24 and to 260 MT by FY26. It also achieved its highest-ever mineral offtake last fiscal year at 160.05 million tonnes in FY23, with coal dispatch to the power sector reaching an all-time high of 139.92 MT.

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In the previous session, Coal India shares closed 1 percent higher at Rs 461.00 on the National Stock Exchange (NSE). In the last one year, the PSU stock has risen 104 percent, compared to a 26 percent rise in benchmark Nifty 50.

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