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Coal India enters into JV pact with GAIL, RCF and FCIL

29 Oct 2015 Evaluate

Coal India (CIL) has entered into a joint venture (JV) agreement with GAIL, Rashtriya Chemical Fertilizers (RCF) and Fertilizer Corporation of India (FCIL) for incorporation of a Company namely - ‘Rashtriya Coal Gas Fertilizers’ to establish and operate new coal gasification based Fertilizer Complex (Ammonia Urea Complex) at Talcher along with power plant and associated facilities at Talcher unit of FCIL and to market its products.

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 387.15
NMDC 67.24
Ashapura Minechem 413.25
Sandur Manganese 162.50
GMDC 410.90
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