Coal India plans to form a panel of consultants which would help the PSU in acquiring, developing and operating coal mines overseas.

CIL had earlier informed an inter-ministerial panel that the drilling of blocks in Mozambique had started in June, 2013.

State-owned Coal India Ltd (CIL) is actively looking at as many as five proposals for acquisition of mines in Indonesia.

The Minister further said that the first stage of drilling of the mines has been completed and the second stage is under progress.

The PSU firm also informed the panel on Tuesday that the first stage of drilling of the mines have been in completed May, according to sour...

"Recently, Coal India issued work order for further drilling of 30,000 metre of mines in Mozambique," a source close to the development sai...

The bids have been invited by Coal India Videsh, set up with the intent of enhancing the nation's energy security.

The development comes at a time when the coal producer is facing problems in enhancing coal production and the country is facing shortage o...

To reduce the widening demand supply gap of coal in the country. The production from the twin mines is scheduled from 2015.

In an effort to reduce the widening demand supply gap of coal in the country, CIL is scouting for coal mines overseas.

Coal India will soon invite fresh bids for exploration of its two coal mines in Mozambique having reserves of over one billion tonnes.

In its first ever overseas acquisition of an overseas coal block, state-owned Coal India Limited (CIL) has been allocated two coal blocks a...