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Coal India inks Joint Venture Agreement with NTPC

16 May 2016 Evaluate

Coal India, the world’s largest coal miner by output, has signed a Joint Venture Agreement (JV) with NTPC for setting up of a Joint Venture Company at 50:50 shareholding basis for revival of Sindhri & Gorakhpur units of Fertiliser Corporation of India.

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 413.95
NMDC 72.86
Ashapura Minechem 489.10
Sandur Manganese 181.35
GMDC 477.10
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