Despite NTPC chairman R S Sharma’s exclamation that the PSU’s thermal power plants are not suffering from a shortage of coal, the power ministry is reporting that 40 per cent of the navratna company’s power plants have reached a critical stage of shortage. For full story, click here
Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic partners for undertaking coal mining activities in foreign countries. For full story, click here
Indicating the Government’s will to go ahead with disinvestment, the Coal Ministry is working on a plan to disinvest 5-10 per cent stake in state-run Navratna company Coal India Ltd. This could pave the way for listing of the country’s leading producer of dry fuel. Minister of State for Coal, Shriprakash Jaiswal, stated: I have [...]
After obtaining mineral concessions for two mining blocks in Mozambique, Navratna public sector unit Coal India has now set its eyes on coal assets in Australia. For full story, click here
Mozambique has awarded Navratna PSU Coal India with mineral concessions for two mining blocks with an estimated coal reserve of about one billion tonnes. National Director of Mines, Eduardo Alexandre, said: We have awarded Navratna PSU Coal India CIL mineral concessions in the northwestern province of Tete. The next thing now is to sit down [...]
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