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Coal Ministry Wants CIL to Focus on Domestic Coal Production

Coal News - Published on Thu, 07 Nov 2019

Image Source: devdiscourse.
India’s Coal minister Mr Pralhad Joshi said that his ministry was not in favour of overseas coal asset acquisition by Coal India Limited. He said "As of now the thinking is, not to acquire assets and only to freeze the order in advance to get coal at a competitive price. Our intention and goal is clear, we want domestic coal production."

The minister said last year India imported 235 million tonne of coal and the FOREX outflow was INR 2.71 lakh crore.

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Posted By : Yogender Pancholi on Thu, 07 Nov 2019
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