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Coal India CMD quits

Coal India CMD quits

S Narsing Rao has stepped down as the Chairman and Managing Director of Coal India to take up a new role as Principal Secretary to K Chandrasekhar Rao, the Chief Minister of India's 29th state Telangana from June 2. Meanwhile, there is no word yet on the successor of Rao in Coal India after his resignation.

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CILs 2014-15 output at 507 mt

CILs 2014-15 output at 507 mt

The production target for Coal India (CIL) has been fixed at 507 million tonne for 2014-15, according to its Chairman and Managing Director S Narsing Rao. CIL, which accounts for over 80 per cent of the domestic production, contributed 452.5 mt of coal in 2012-13 as against the target of 464 mt.

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CIL plans turnkey contracts

CIL plans turnkey contracts

In 2013-14, Coal India (CIL) plans to award two-three large turnkey contracts to private players for extracting coal, removing over burden and supply the coal till the loading point. S Narsing Rao, chairman CIL informed that under these contracts the