1. Home
  2. >

Built to inform

Sign up for the daily newsletters

No, Thank you

Tie up to mine coal abroad

Business

Coal India Ltd (CIL) has floated a Global Expression of Interest (EoI) to select Strategic Partner in Australia, USA, South Africa and Indonesia for tie up to mine coal abroad. The EoI received encouraging responses and a high level Committee has been constituted to examine the responses to take the matter forward.
The need for acquiring coal resources abroad has assumed larger dimension in view of increasing demand on CIL and the mandate given to it under the aegis of New Coal Distribution Policy (NCDP). Acquisition of coal resources abroad pertaining to high grade metallurgical and thermal coal and its import to India would supplement the efforts of CIL in augmenting coal supplies for domestic market.
This information was given by Minister of State (Independent Charge) for Coal, Shri Sriprakash Jaiswal in a written reply in the Rajya Sabha.

Most Popular

Awards

Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore

Conferences

Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

June 2020
10 Jun 2020