Coal India Hits 114% of GeM Procurement Target Ahead of FY26 Close

New Delhi Feb 21, 2026: Coal India Limited (CIL) are expected to remain in focus after the state-run coal major exceeded its procurement target through the Government e-Marketplace (GeM) for the financial year 2025–26.

The company has achieved procurement of ₹61,891 crore (approx.) via the GeM platform so far in FY 2025–26, surpassing its annual target of ₹54,223 crore. This represents 114% of the full-year target, accomplished ahead of the financial year’s close.

Exceeding Target Ahead of Schedule

Coal India’s performance on the GeM platform highlights strong procurement planning and execution across its subsidiaries. By crossing the target well before the end of FY26, the company has demonstrated:

• Effective demand forecasting and procurement scheduling

• Timely vendor onboarding and competitive bidding

• Strong alignment with central government digital procurement mandates

The achievement reflects both the scale of Coal India’s operations and its structured approach to public procurement.

What Is GeM and Why It Matters

The Government e-Marketplace (GeM) is the Government of India’s online procurement portal designed to enhance transparency, efficiency, and accountability in public purchasing. It enables government departments and public sector enterprises to procure goods and services through an open, competitive, and technology-driven system.

By routing procurement through GeM, Coal India ensures:

• Transparent and audit-ready transactions

• Competitive price discovery

• Reduced manual intervention

• Faster procurement cycles

• Increased participation of MSMEs and domestic suppliers

The platform plays a critical role in standardizing procurement practices across public sector entities.

Scale of Procurement

Coal India is one of India’s largest public sector enterprises and the world’s largest coal producer. Its procurement requirements span a wide range of goods and services, including:

• Heavy mining equipment

• Machinery and spare parts

• Industrial consumables

• Transportation and logistics services

• Safety equipment and operational supplies

Routing over ₹61,891 crore worth of procurement through GeM underscores the magnitude of its annual operational spending.

Financial Year 2025–26 Performance Snapshot

• FY26 GeM Procurement Target: ₹54,223 crore

• Procurement Achieved So Far: ₹61,891+ crore

• Achievement Level: 114% of target

• Status: Target exceeded ahead of financial year close

With the financial year still underway, the final procurement figure may exceed current levels, potentially strengthening Coal India’s digital procurement record further.

Strengthening Digital Governance in Public Sector

Coal India’s performance aligns with the Government of India’s broader objective of increasing procurement through digital platforms to minimize leakages and enhance transparency. As one of the largest contributors to GeM procurement among public sector undertakings, Coal India’s early achievement sets a benchmark for other PSUs.

The company’s ability to exceed its FY26 GeM target reflects both operational scale and effective integration of digital systems into core procurement functions.

Conclusion

By achieving ₹61,891 crore in GeM procurement—114% of its FY26 target—Coal India has demonstrated strong execution capability and commitment to transparent public spending. With the financial year 2025–26 still in progress, the final figures may further improve, keeping Coal India shares in focus in the coming months.