Top 3 Companies in India by Net Sales from Coal Sector (Feb 2024 update)

Coal is a fascinating sedimentary deposit that has been instrumental in shaping the history of human civilization. Composed predominantly of carbon, coal is a remarkable substance that has been used for various purposes throughout history, including as fuel for heating and cooking, as well as for powering machinery and engines.

While it may not be the most glamorous of minerals, coal is a powerful and versatile substance that has played a critical role in the industrialization of many countries around the world. Its black or brownish-black color and distinctive composition (including inherent moisture) make it easily recognizable, with more than 50 percent by weight and more than 70 percent by volume of carbonaceous material.

Despite its many uses, however, coal is not without its drawbacks. The mining and burning of coal can have significant environmental impacts, including the release of carbon dioxide and other greenhouse gases that contribute to climate change. In addition, the extraction of coal can be dangerous for workers, who are exposed to a range of hazards, including explosions, fires, and lung diseases associated with prolonged exposure to coal dust.

Despite these challenges, coal remains an important part of the global energy mix, with many countries continuing to rely on it for their energy needs. Whether you view it as a vital resource or a problematic pollutant, there is no denying the significance of coal in shaping the modern world.

List of Top 3 Coal in India (BSE) based on Net Sales .

Company Name Net Sales (Rs. cr)
Guj Mineral 3,877.28
Coal India 1,950.51
Reetech Intl. 165.28
Source: BSE, India, last updated 24 February, 2024

This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:

1. Pelz, S., Krumm, A., Aklin, M., Nandan, V., & Urpelainen, J. (2024). The spatial and economic footprint of the coal industry on rural livelihoods in Jharkhand, India. Energy Policy186, 113973.
2. Chauhan, S., & Swarnakar, P. The Economic and Fiscal Effects of Coal Production in India: A Panel Ardl Study of Seven Major Coal-Producing States. Available at SSRN 4712544.
3. Talluri, S. B., Balasubramanian, G., & Sarkar, S. (2024). Against the tide: A case of industrial relations transformation in the Indian coal sector. Industrial Relations Journal.
4. Pelz, S., Krumm, A., Aklin, M., Nandan, V., & Urpelainen, J. (2023). Rural Livelihoods and the Footprint of the Coal Industry in Jharkhand, India.

Disclaimer: This news is for information and research purposes only. It is not intended for financial advice.
Declaration of competing interest: Publisher and owner of this web-portal hereby declare that there is no competing interest.

Leave a Reply