Coal India to form two joint ventures for revival of Talcher unit

Coal India Ltd. | Mining & Minerals | Metals & Mining | BSE: 533278 | NSE: COALINDIA

23 Dec 2014 Evaluate

Coal India has received ‘in principle approval’ from its board to form two joint ventures (JVs) for revival of Talcher unit. The first JV will be with GAIL for Coal Gasification while, another one will be with RCF for fertilizer i.e Ammonium Nitrate (AN) plants, coal mine, coal washery, power plant & utilities.

In first JV GAIL will be the major partner, while in the second JV Coal India will be the major stake holder.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers

Company Name	CMP
Coal India	419.00
NMDC	80.69
Ashapura Minechem	518.35
Sandur Manganese	182.00
GMDC	553.15
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.