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Restructuring of CIL

Coal & Mining
November 1, 2014November 1, 2014
Restructuring of CIL
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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.

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