CIL Split

New Delhi: The Union Minister of State (Independent Charge) for Power, Coal and New and Renewable Energy Piyush Goyal addresses a press conference regarding completion of one year of the NDA government in New Delhi, on May 27, 2015. (Photo: Amlan Paliwal/

In its Draft National Energy Policy, Niti Aayog had suggested splitting of Coal India Ltd (CIL)’s subsidiaries. It said, “In the medium to long run, it is essential that we move away from this opaque coal economy and introduce greater competition in it. This requires two key steps. First, we must corporatize the seven subsidiaries of CIL into independent companies and allow them to compete against one another in an open coal market.”