Home / Companies / News / Commercial mining won't hit Coal India, says CMD even as unions plan strike

Commercial mining won't hit Coal India, says CMD even as unions plan strike

Coal India asserts monopoly as mine-bearing states protest coal auction

Premium

Pramod Agarwal, Coal India chairman

4 min read Last Updated : Jun 23 2020 | 3:13 AM IST

State-owned mining major Coal India (CIL) said it would continue to be the country’s leading coal producer even after the sector was opened up for private companies.

In a public statement, CIL said commercial coal mining would not adversely impact its production or profitability.

“Key issues that will help improve to stay ahead of the competition include uniform quality of coal, cost efficiency in production and reliable timely delivery schedule, introduction of higher degree of mechanised mining and increased supplies,” said Chairman Pramod Agarwal.

The statement comes at a time when its own labour unions and state governments are protesting

Topics : Coal India coal mining

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in