Date: September 29, 2026

Board Meeting Outcomes

Coal India Limited (CIL) and Hindustan Urvarak & Rasayan Limited (HURL) have executed a Non-Binding Memorandum of Understanding (MoU) on September 29, 2026.

The MoU is for exploring the development of a Coal Gasification based Urea Production facility at Sindri, Jharkhand.

Under this Non-Binding MoU, the initial focus will be to assess the technical, commercial, and implementation modalities of the project.

The assessment will facilitate preparation of a Preliminary Feasibility Report (PFR) for evaluating project viability.

The MoU is explicitly described as non-binding, indicating it is an exploratory agreement rather than a firm commitment.

Other Operational / Legal / Strategic Disclosures

This disclosure represents a strategic initiative by Coal India Limited to explore value-added applications of coal through gasification technology for urea production.

The partnership with HURL (Hindustan Urvarak & Rasayan Limited) suggests a collaboration between coal mining and fertilizer production expertise.

The location specified is Sindri, Jharkhand, which has historical significance in India's fertilizer industry.