Profit Making Coal Companies In India

Coal is a very important renewable source of energy with different uses in various sectors. For example, it is used in the industrial sectors for industrial purposes and commercial sectors for commercial purpose. It is also used as in basic livelihood of rural people of the Indians. Since cooking is the basic living criteria of the people, coal form an essential part of lifestyle. We have different companies which produce coal mines in different parts of India.

Let’s discuss about the top 10 coal Mining companies in India which helps to enable to use this valuable resource.

Coal India Ltd.

It is an Indian coal mining company situated in Kolkata, West Bengal, India. It was legally established in 1975 and the Indian government took over its private mines. It is the separate leading producer company in the worldand covers over all 81% of the coal production in India.

Gujarat NRE Coke Ltd.

It is one of the predominant and separate producers of met coke in India. Business Today has given 7^th grade to this company in BT 500 ranking in 10 year profit growth. It has 2 met coke mines i.e. NRE NO.1 and NRE Wongawilli located in New South Wales, Australia.                                                                                                      

Gujarat Mineral Development Corporation Ltd

It is one of the most in demand minerals and lignite mining company of India. Founded in 1963, it is owned by the government of Gujarat. Few of its key products include silica sand, fluorspar, limestone, ball clay and bentonite. The company has started new project of mines in the state of Rajasthan too in areas like Ambaji, Deri and Basantgarh.

Alpha Hi-Tech Fuel Ltd

The company located in Mumbai produces eco-friendly fuel by converting agriculture wastes into Biomass briquettes. It uses Briquettes as fuel in Boilers. Again the Kilns used is economically beneficial and environment free for users. It gives assistance to the farmers and improves rural economy.

Auroma Coke Ltd

Auroma Coke Limited (ACL) was legally started in the year 1977 and was founded by Shri Vimal K. Tulsyan and sons. The company generates washed coal and best quality metallurgical coke. The company has a turnover of 1.0 million tonne per annum capacity. All these units are located at Govindpur in Dhanbad District of Jharkhand in India.

Austral Coke & Projects Ltd

The company was incorporated in year 1994 by Shri Ratan Lal Tamakhuwala and Shri Rishi Raj Agarwal.  It has its headquarters located in Kolkata, West Bengal. The company is the manufacturer and merchant of low ash metallurgical coke, refractory bricks, steam coal etc. It earns an annual income of Rs. 50 – 100 Crore.

Jay Energy and S.Energies Ltd

The company was started in 1986 and is into the business of manufacturing chemicals and other miscellaneous activities. Its legal office headquarters are located at Ahmedabad. However, there was a time when the production of the company was banned for not following pollution control norms and erratic power supply.

ACB (India) Ltd

The company was established in March 1997 as Aryan Coal Beneficiations Private Limited.  It has been involved in production of washing coal from Korba Coalfields of South Eastern Coalfields Limited in Chhattisgarh since 1999. The extraction of mining ore processes are spread over 16 locations in India. Its legal headquarter is situated at Gurgaon.

Foundry Fuel Products Ltd

This company has been involved in manufacturing of Low Ash Metallurgical Coke and trading of Coal and sand preparation for foundries. Producing tasks are conducted in the Dhanbad district of Jharkhand. Its registered office is located in Kolkata, West Bengal.

MTI Coal India

The company avail its clients a wide range of Indian Coal, Lignite Coal, Pet Coke, Imported coal, and Indigenous Coal.  They have coal mines located in different parts of India such as Maharashtra, Chhattisgarh, Madhya Pradesh, Bihar, Gujarat, Meghalaya and Orissa.