Successful Bid for High-Grade Coal Reserves
Sarda Energy and Minerals Ltd announced that it has been declared the successful bidder for the Senduri coal mine in Madhya Pradesh. The mine holds geological reserves of 248.54 million tonnes of G9 (provisional) grade coal.
The award is based on a 9.5% revenue-sharing model with the state government, strengthening Sarda Energy’s position in the coal and power sector.
Power Project Expansion Under Review
Earlier this month, the company revealed plans to expand its upcoming power project, increasing capacity from 600 MW to 800 MW. While land and basic infrastructure are already in place, Sarda Energy is awaiting environmental and statutory approvals.
Director and Group CFO P.K. Jain stated that the project completion timeline could take two-and-a-half to three years, depending on final capacity and regulatory clearances.
Strong Financial Performance
Sarda Energy delivered a robust financial performance in the June quarter:
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Revenue: ₹1,633.1 crore, up 76% YoY
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EBITDA: ₹617.19 crore, up 137% YoY
The strong results reflect operational efficiency and the company’s growing market presence in the energy sector.
Share Price Gains
On August 20, 2025, Sarda Energy and Minerals Ltd shares closed at ₹599, up 1.43%. In recent performance trends:
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Last month: +33%
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Year-to-date: +24%
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Last year: +81%
This reflects growing investor confidence in the company’s coal and power ventures.
Outlook
With the Senduri coal mine acquisition and plans to expand power capacity, Sarda Energy and Minerals Ltd is positioned for long-term growth in India’s energy and mining sector.
