The government is moving ahead with a proposal to merge Coal India arm CMPDI with the Mineral Exploration and Consultancy Ltd (MECL) and will prepare a cabinet note on the same.
Central Mine Planning & Design Institute Ltd (CMPDI) is the planning and design arm of Coal India Ltd (CIL).
The mines ministry, in a letter to the CMDs of MECL and CMPDI, sought details such as profitability, turnover, current order books and current position of manpower of the companies in preparation of the merger.
The government “has approved the merger of MECL and CMPDI. In order to work out the modalities for preparation of the cabinet note, the… information may be provided to the Ministry of Mines,” the official memorandum said.
