Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
414.10
-1.15 (-0.28%)
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Coal India to foray into power generation business: Report

Date: 17-07-2013

State-run Coal India (CIL) reportedly is planning to foray into power generation business. It may consider installing 1,200-1,500 megawatt capacity initially. Further, the company is planning to cover all major projects (mines) under the GPS-based movement tracking system, which could prevent theft of coal from mines and increase productivity.

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.