Tie up to mine coal abroad
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.