News Business Coal India considering 3 assets in Australia

Coal India considering 3 assets in Australia

New Delhi, July 17: Continuing its hunt for assets abroad, world's largest coal miner Coal India Ltd (CIL) is examining three proposals from Australian companies and has created a corpus of Rs 6,000 crore for

coal india considering 3 assets in australia

PTI Published : Jul 17, 2013 14:49 IST Updated : Jul 17, 2013 14:53 IST

New Delhi, July 17: Continuing its hunt for assets abroad, world's largest coal miner Coal India Ltd (CIL) is examining three proposals from Australian companies and has created a corpus of Rs 6,000 crore for acquisitions.

"Coal India is examining three proposals from Australia.

It has signed Non-Disclosure Agreement with three firms there and the proposals are at the level of board sub-committee," a source said.

Latest Business News