The government has garnered about Rs 2,638 crore from buyback of shares of state-run Coal India Ltd, Parliament has been informed. CIL has bought back “7,88,42,816 shares from Government of India out of the total offer of 10,89,55,223 equity shares @ Rs 335 per equity shares.
Tag: Central Coalfields
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CIL to rope in private cos to develop gasification project
Coal India has decided to rope in private firms to develop underground coal gasification projects and set up at least one 50:50 joint venture to create marketing infrastructure and sell the gas.