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Coal India executes MoU with IRCON International

09 Oct 2025 Evaluate

Coal India (CIL) and IRCON International have executed a non-binding Memorandum of Understanding (MoU) on October 8, 2025 at Kolkata with an intent of development of Rail Infrastructure of CIL and its subsidiaries.

Earlier, the company and Chhattisgarh Mineral Development Corporation (CMDC), a Chhattisgarh State Government undertaking, had executed a Non-Binding Memorandum of Understanding (MoU) for collaboration in the exploration and exploitation of critical minerals and other minerals of mutual interest.

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 403.20
NMDC 69.90
Ashapura Minechem 415.25
Sandur Manganese 184.30
GMDC 488.20
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