State-owned Coal India Limited has revised the pay scale of its executives, a move expected to result in an additional financial outgo of around Rs 3,400 crore through 2026. The revision follows approvals in line with wage and compensation restructuring for senior and mid-level executives across the company and its subsidiaries.
The revised pay structure is aimed at aligning executive compensation with industry benchmarks and recognising increased responsibilities amid operational and regulatory changes in the coal sector. Company officials said the financial impact would be spread over multiple financial years, limiting immediate pressure on cash flows.
Despite the additional cost, Coal India remains financially strong, supported by steady coal demand, robust production levels, and stable offtake from power and industrial consumers. The company continues to focus on productivity improvements, cost optimisation, and diversification initiatives to sustain profitability while meeting India’s energy requirements.