Coal India Ltd (CIL) has set up a five-member panel that will give its recommendations after assessing the proposal to separate the company’s planning and design arm CMPDIL from the PSU giant. Based on the internal panel’s recommendations, CIL will make a conceptual presentation to the coal ministry, according to an official order.
Sources aware of the development said that after separating the Central Mines Planning and Design Institute Ltd (CMPDIL) from Coal India, the exploration, planning and design arm of the maharatna firm will be merged with Mineral Exploration Corporation Ltd (MECL) — a PSU which is into mineral exploration.
