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Coal India submits preliminary perspective plan for development of 3 coal blocks

18 Dec 2012 Evaluate

Coal India (CIL), the world’s largest coal miner has submitted a preliminary perspective plan for development of the three coal blocks - Brahmini, Chichro Pastimal and East of Damogoria from the de-allocated coal blocks which have now been assigned to the company for undertaking mining work.

Earlier in May 2012, the Ministry of Coal has tentatively assigned 116 coal blocks to CIL in addition to the existing mines/coal bearing areas with the company.

Recently, CIL's output declined about 2% in November from a year ago due to cyclone Neelam and holidays on account of festivals. The state-owned miner produced 37.6 million tonne of coal during the month under review, compared with 38.4 million tonne in the November, 2011.

Peers
Company Name CMP
Coal India 425.00
NMDC 73.80
Ashapura Minechem 491.45
Sandur Manganese 177.05
GMDC 487.05
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