Coal India sets up five-member panel to separate CMPDIL
CIL will make a conceptual presentation to the Coal Ministry
Coal India (CIL) has set up a five-member panel that will give its recommendations after assessing the proposal to separate the company's planning and design arm the Central Mines Planning and Design Institute (CMPDIL) from PSU.
Based on the internal panel's recommendations, CIL will make a conceptual presentation to the Coal Ministry.
After separating CMPDIL from Coal India, the exploration, planning and design arm of the Maharatna firm will be merged with Mineral Exploration Corporation (MECL), a PSU which is into mineral exploration.
MECL functions under the Ministry of Mines with 100% government holding, for systematic exploration of minerals.