Coal India to invite quotations for 7 mines

Coal India will float a request for quotation (RFQ) next week to develop seven mines on a developer-and-operator (D&O) basis. The seven mines have a total production capacity 17 million tonnes.

"The RFQ will be done in a week. In a month or two players will be shortlisted and hopefully, we will be able to float request for proposals," Chairman and Managing Director S Narsing Rao said in Kolkata on Saturday. Of the seven mines , five are opencast and two underground, in Jharkhand and Odisha.