Kolkata: Coal India Limited (CIL) has signed a Memorandum of Understanding (MoU) with the Ministry of Coal, Government of India, setting out the company’s performance parameters for FY 2026-27.
The annual agreement establishes the targets and key performance parameters against which Coal India’s achievements during the financial year will be evaluated.
Coal India, Ministry of Coal Sign Annual MoU
The MoU was signed by Vikram Dev Dutt, Secretary, Ministry of Coal, on behalf of the Ministry of Coal and B. Sairam, Chairman, Coal India Limited, on behalf of CIL.
The signing ceremony was held in the presence of G. Kishan Reddy, Union Minister for Coal and Mines.
The annual MoU provides a framework for assessing CIL’s performance against the agreed parameters during FY 2026-27.
Senior Coal India Officials Attend Signing Ceremony
Several senior officials of Coal India were present during the MoU signing.
The participating CIL leadership included:
- Mukesh Choudhary – Director (Marketing & HR), Additional Charge
- Mukesh Agrawal – Director (Finance)
- Achyut Ghatak – Director (Technical)
- Asheesh Kumar – Director (Business Development)
Their participation reflected the presence of CIL’s senior management during the formalisation of the annual performance framework.
MoU Sets Performance Parameters for FY 2026-27
The annual MoU establishes performance targets and parameters for Coal India for the financial year 2026-27.
CIL’s achievements during the year will be evaluated against the parameters outlined in the agreement.
The framework provides a structured basis for monitoring the company’s performance and assessing its progress against the agreed targets.
Coal India’s Performance Framework
The MoU between CIL and the Ministry of Coal forms part of the annual performance assessment mechanism for the public sector enterprise.
Key aspects of the MoU include:
- Performance parameters for FY 2026-27.
- Agreed targets for evaluating CIL’s annual performance.
- Monitoring of the company’s achievements against the set parameters.
- Formal coordination between the Ministry of Coal and Coal India.
About Coal India Limited
Coal India Limited (CIL) is a Maharatna public sector enterprise under the Ministry of Coal, Government of India. It is the country’s largest coal-producing company and operates through multiple subsidiary companies engaged in coal mining and related activities. CIL supplies coal to key sectors of the Indian economy, particularly the power, steel and other industrial sectors.
