The Prime Minister’s Office (PMO) has ordered the coal ministry to map and list all subsidiaries of Coal India Limited (CIL) by 2030. This step is designed to improve governance and boost accountability. Sources said the move will also help unlock value through asset monetisation in the coal sector. Coal India Limited supplies over 80% of India’s domestic coal. It operates through eight subsidiaries: Eastern Coalfields Limited, Bharat Coking Coal Limited (BCCL), Central Coalfields Limited, Western Coalfields Limited, South Eastern Coalfields Limited (SECL), Northern Coalfields Limited, Mahanadi Coalfields Limited, and Central Mine Planning and Design Institute Limited. BCCL and Central Mine Planning and Design Institute Limited are set to be listed on stock exchanges by March 2026. Sources said all preparations are complete, and BCCL’s domestic and international roadshows are finished. "The listing process for Bharat Coking Coal Limited is in full steam with absolutely no holds or delays," they added. Recently, CIL’s board approved the listing of SECL and Mahanadi Coalfields. This follows a directive from the Ministry of Coal to list these two primary subsidiaries within the next financial year. Bharat Coking Coal Limited filed its draft red herring prospectus (DRHP) with SEBI for an initial public offering (IPO). The DRHP covers an offer for sale of up to 46.57 crore equity shares by Coal India. The IPO depends on necessary approvals and market conditions. Central Mine Planning and Design Institute Limited has also filed its DRHP with SEBI for an IPO via the offer-for-sale route. Coal India is targeting a production of 875 million tonnes for the current financial year.