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Coal India’s arm signs pacts with CIPET

29 Oct 2021 Evaluate

Coal India’s (CIL) subsidiary -- Mahanadi Coalfields (MCL) has signed two pacts with the Central Institute of Petrochemicals Engineering & Technology (CIPET), Bhubaneswar, with an investment of Rs 1.38 crore for providing skill development training to youth from the peripheral villages of mining areas.

The two CSR initiatives -- 'Udaan' and 'Sahyog' -- will help 40 youths from peripheral villages to join a two-year full-time ITI training in fitter/electrician trades and 30 divyangjan to join a six month-long skill training programme respectively.

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 389.45
NMDC 67.21
Ashapura Minechem 409.00
Sandur Manganese 162.00
GMDC 412.20
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