Home Business CMPDIL to Continue as Subsidiary of Coal India Limited

CMPDIL to Continue as Subsidiary of Coal India Limited

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To be Strengthened Further for Growth and Value Addition

Delhi, Apr 26
Recently unconfirmed reports have appeared in a section of the Media that the Central Mine Planning and Design Institute Limited (CMPDIL) is being merged with Mineral Exploration Corporation Limited (MECL).

In this regard, the Ministry of Coal has clarified that CMPDIL is a subsidiary of Coal India Limited (CIL) that provides exploration and consultancy services primarily to the coal sector. Keeping in view the scope for its business expansion in other minerals, the Government has plans for its strengthening, for which it is being considered to merge MECL into CMPDIL.

MECL has domain expertise in non-coal mineral exploration and consultancy. Therefore, such merger and creation of one integrated exploration and consultancy organization with requisite expertise for coal and non-coal sector would result in growth and value addition. At the same time, CMPDIL will continue to be a subsidiary of Coal India Limited.

 

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