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CIL asks five arms to keep 40 MT coal for auction under Shakti scheme: Report

28 Jul 2017 Evaluate

Coal India (CIL) has reportedly asked five of its seven subsidiaries to keep aside a total of 40 million tonnes (MT) of coal for auction to independent power producers under the Shakti scheme. South Eastern Coalfields and Central Coalfields will supply 12 million tonnes each, while Northern Coalfields will provide 4 million tonnes; Mahanadi Coalfields 9 million tonnes and Western Coalfields 3 million tonnes.

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 420.30
NMDC 80.98
Ashapura Minechem 518.00
Sandur Manganese 180.95
GMDC 549.15
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