Union Coal Minister G Kishan Reddy has written to Telangana Chief Minister A Revanth Reddy seeking urgent investigation into reports of 40 lakh tonnes of coal worth ₹1,600 crore that has allegedly disappeared from Singareni Collieries Company Ltd (SCCL). According to reports from Business Standard, Moneycontrol, and The Economic Times, Reddy's letter dated June 10, 2026, emphasizes the urgency of the situation given SCCL's current financial position. The minister stated that "a news item published across various newspapers relating to the disappearance of 40 lakh tonnes of coal worth ₹1,600 crore, resulting in significant financial loss to the company" and urged the state government to investigate the allegations and verify if they're true. Reddy specifically urged that "the facts in the matter may be ascertained and inquired into urgently to assess whether the alleged irregularities have an element of truth and also to see whether there are adequate safeguards mechanisms and internal controls for effective functioning of SCCL."
The minister highlighted that SCCL is already strained by unpaid dues exceeding ₹51,500 crore from the Telangana government, and these allegations could further hamper the company's financial stability. As reported by Business Standard, Moneycontrol, and The Economic Times, Reddy stated that such allegations, if not examined with alacrity and addressed promptly, may undermine SCCL's financial position and impede its future growth and sustainability. In his letter, Reddy specifically urged that "the facts in the matter may be ascertained and inquired into urgently to assess whether the alleged irregularities have an element of truth and also to see whether there are adequate safeguards mechanisms and internal controls for effective functioning of SCCL."
Singareni Collieries Company Ltd (SCCL) is jointly owned by the Government of Telangana and the Centre on a 51:49 equity basis, according to Business Standard, Moneycontrol, and The Economic Times reports. The company's current financial difficulties stem from the substantial unpaid dues from the state government, creating additional concerns about the reported missing coal worth ₹1,600 crore from stockyards.
The minister recommended that the state should consider deploying technology-based monitoring tools and instituting periodic reviews to detect weaknesses early and address them promptly. As reported by Business Standard, Moneycontrol, and The Economic Times, Reddy stated that such measures would close systemic gaps, prevent recurrence, and bolster SCCL's efficiency, transparency and credibility. He also sought the chief minister's personal intervention to ensure smooth operation of the company and safeguard the welfare of all personnel engaged with SCCL, directly or indirectly. The minister emphasized that "while conducting the assessment, the state should consider deploying technology-based monitoring tools and instituting periodic reviews to detect weaknesses early and address them promptly."
