New Delhi, June 28, 2025: India's largest coal company and a public sector undertaking, Coal India Limited (CIL), plans to raise its equity investment in Talcher Fertlizers Limited, a joint venture of GAIL, CIL, RCF, FCIL, the company announced yesterday.

Talcher Fertilizers's main goal is to revive FCIL's fertilizer unit by setting up a coal gasification-based fertilizer plant in Talcher, Odisha.

Currently, the paid-up equity shareholding in TFL is 33.333% for GAIL, CIL, and RCF, while FCIL holds 0.0002%. CIL's upcoming acquisition will involve subscribing to 1,06,75,06,771 equity shares at a face value of Rs. 10 each, with cash payment.