Coal India invites EOI for coal mining in foreign countries
Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic partners for undertaking coal mining activities in foreign countries.
By PTI |
MUMBAI: Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic partners for undertaking coal mining activities in foreign countries.
The EOI said it is looking for, "strategic partners in Australia, USA, South Africa and Indonesia for undertaking joint business initiatives in coal mining".
Like ONGC which has formed a separate division called ONGC Videsh to oversee oil and gas exploration activities in foreign countries, Coal India also has a division called Coal Videsh to facilitate its foreign operations and enhance energy security of the country.
Coal Videsh would be dealing with potential strategic partners for coal mining in the four identified countries.
According to the company's website, Coal Videsh would look for acquisition of virgin coal blocks, opening of new mines and export the produce to India.
The EOI said it is looking for, "strategic partners in Australia, USA, South Africa and Indonesia for undertaking joint business initiatives in coal mining".
Like ONGC which has formed a separate division called ONGC Videsh to oversee oil and gas exploration activities in foreign countries, Coal India also has a division called Coal Videsh to facilitate its foreign operations and enhance energy security of the country.
Coal Videsh would be dealing with potential strategic partners for coal mining in the four identified countries.
According to the company's website, Coal Videsh would look for acquisition of virgin coal blocks, opening of new mines and export the produce to India.
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