The government is set to undertake the restructuring of Coal India (CIL), by creating multiple mega coal companies in line with the recommendations of a government-commissioned study by global consulting firm Deloitte. The restructuring exercise seeks to increase India’s coal production manifold and reduce dependence on imports. Of the three options proposed by Deloitte, sources said the option to convert CIL’s seven subsidiaries into independent companies is under active consideration of the Ministry of Coal.
FlashNews:
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Greening India’s Freight Economy
Empowering Aatmanirbhar Infra Financing
Bharatmala: Driving Efficiencies with Technology
Home » Restructuring of CIL
Restructuring of CIL
Coal & Mining
November 1, 2014November 1, 2014
Leave a Reply
You must be logged in to post a comment.