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Govt planning to allot 10 coal mines to CIL in 2019

27 Dec 2018 Evaluate

The government is planning to further allot 10 mines to Coal India (CIL) in 2019. Of the 85 mines already allotted, 23 have already started production and the Coal Ministry expects 20 more mines to begin production in the current financial year ending March 2019 or early in the next fiscal.

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 398.70
NMDC 68.45
Ashapura Minechem 423.80
Sandur Manganese 163.15
GMDC 439.35
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