CMPDI informed the ministry that a model contract document and request for proposal to select CBM developer have been prepared and submitted to coal companies, the official said.
Last week, the trade unions had declined to attend a meeting with Joshi to discuss their demand of withdrawing 100 per cent FDI in coal mining
A day's strike can affect Coal India's production in the range of 1.5-2.5 million tonne
Further fresh auction of coal mines to private players can also lead to higher competition for Coal India
The railways is expected to float a tender by October
The government's announcement in the Budget regarding increased divestment targets will be an overhang on the stock
India, the world's second-largest coal consumer after China, depends on Coal India for about 83% of the domestic production
CIL, thus, practically leads a double life - under the spotlights at Mumbai and away from it in the mines that dot mostly eastern India
The Maharatna company will be shutting down 53 mines across its operational areas while it has opted to open new ones
The consolidated expenses of the company during March quarter were at Rs 277.571 billion, as against Rs 223.527 billion