(a) whether the Coal India Limited proposes to set up a company named `Coal Videsh` to explore the possibilities of coal mining in the foreign countries;
(b) if so, the details thereof; and
(c) the present status of the said proposal?
(a) whether the Coal India Limited proposes to set up a company named `Coal Videsh` to explore the possibilities of coal mining in the foreign countries;
(b) if so, the details thereof; and
(c) the present status of the said proposal?
MINISTER OF STATE IN THE MINISTRY COAL (DR. DASARI NARAYANA RAO)
(a) to (c): A statement is laid on the Table of the House.
Statement referred to in parts (a) to (c) of the reply to Lok Sabha Starred
Question No.118 asked by Shri Bhubneshwar Frasad Mehta for answer on 29-11-2006.
(a) Yes, Sir.
(b) Coal India Limited (CIL) has proposed to set up a new subsidiary `Coal
Videsh Limited` for acquiring coal equities abroad.
(c) CIL has submitted the proposal for approval of the Government and the
same is under consideration.