Coal India Limited (CIL) is an Indian state-owned coal mining and refinery company headquartered in Kolkata, West Bengal, India and the largest coal-producing company in the world and a Maharatna company. The company contributes to around 82% of the coal production in India. It produced 554.14 million tonnes of raw coal in 2016-17, an increase from its earlier production of 494.24 million tonnes of coal during FY2014–15 and earned a revenue of ₹95,435 crore (US$13 billion) from sale of coal in the same financial year.
Sarkari Job Contents
Management Trainee Vacancy 2020
Brief Information of this Sarkari Job in 2020
Coal India Limited has given a notification for the recruitment of Management Trainee vacancies. Those Candidates who are interested in the vacancy details & completed all eligibility criteria can read the Notification & Apply Online.
|Post Name||Coal India Limited Management Trainee Online Form 2020|
|Fee Details||For General (UR)/ OBC (Creamy Layer & Non-Creamy Layer)/ EWS: Rs. 1000/- For SC/ ST/ PwD candidates/ Employees of Coal India Limited and its Subsidiaries: NIL Payment Mode: through Online Only|
Vacancy Details of this Sarkari Job in 2020
|Sr.||Post Name||No.of Posts||Qualification||Age Limit|
|1||Coal Preparation||28||upto 30 yrs|
|2||Civil||68||upto 30 yrs|
|3||Mechanical||258||upto 30 yrs|
|4||Electrical||218||upto 30 yrs|
|5||Mining||288||upto 30 yrs|
|6||Systems||46||upto 30 yrs|
|7||Materials Management||28||upto 30 yrs|
|8||Finance & Accounts||254||CA/ ICWA||upto 30 yrs|
|9||Personnel & HR||89||PG Degree or MBA or MSW||upto 30 yrs|
|10||Community Development||26||PG Degree/ PG Diploma (relevant disciplines)||upto 30 yrs|
|11||Marketing & Sales||23||MBA/ PG Diploma (Management)||upto 30 yrs|
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Dates to Remember for this Govt. Job
|Date of Advertisement||17-Dec-2019|
|Tentative Dates of Computer Based Online Test||27 & 28-02-2020|
|Date of Availability of Questions/ Answers for CBT Exam||05-03-2020|
|Last Date for Receiving Objections||10-03-2020|
Coal mining in India had primarily been a private sector enterprise. This changed in September 1956 when the Government of India established its own coal company National Coal Development Corporation (NCDC). Collieries run by the Railways formed the nucleus of NCDC. This was to fulfill the fast growing energy requirements in the country to support rapid industrialization taking place through 5-year Plans of the Government. In the same year, Singareni Colliery Company, which was operating in Andhra Pradesh since 1920, was also brought under government control when the Central Government and Andhra Pradesh Government acquired its 45% and 55% shares respectively.
Initial public offering
In October 2010, the Government of India made an initial public offering (IPO) of 10% of the equity shares of CIL (631.6 million equity shares) to public at an offer price of ₹245 (US$3.40) per share (at face value of ₹10 per share). The IPO was oversubscribed by 14.17 times. Against an IPO issue size of ₹15,500 crore (equivalent to ₹260 billion or US$3.6 billion in 2018) it received bids for ₹2.4 lakh crore (equivalent to ₹4.0 trillion or US$56 billion in 2018) making it the second highest collections in any IPO in India. On the first day of its listing on the stock market, its shares soared 40% higher than IPO price. With the listing, CIL became the fourth most valued company on the Indian stock exchanges with a market value of ₹2.16 lakh crore (equivalent to ₹3.6 trillion or US$51 billion in 2018). CIL was included in the 30-member BSE SENSEX on 8 August 2011.
CIL is the largest coal producing company in the world. It produced 536.51 MT (million tonne) coal during FY2015-16. Coal India operates through 81 mining areas in eight states in India. As on 1 April 2015, it has 430 coal mines out of which 175 are open cast, 227 are underground and 28 are mixed mines. Production from open cast mines during 2014-15 was 92.91% of total production of 494.24 MT. Underground mines contributed to 7.09% of production. CIL further operates 15 coal washeries, out of which 12 are for coking coal and 3 are for non-coking coal with 23.30 MTY and 13.50 MTY capacities respectively. It also manages 200 other establishments like workshops, hospitals, training institutes, mine-rescue setups, etc.