MoneyWorks4Me

Government mulling restructure of Coal India during the 12th Plan period

24 Apr 2013 Evaluate

The Government of India has floated an expression of interest (EOI) seeking applications from various consultancy organizations for a study on restructuring of Coal India (CIL). The government has taken this step after the expert committee headed by T.L Shankar recommended that the issue of major restructuring of CIL should be considered during the 12th Plan Period.

In response to EOI, the government has received seventeen applications from various organizations. Their processing has not been concluded. However, the government has made it clear that it will keep in mind the interests of all the stakeholders whilst taking such decisions in the national interest.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
View more..