SOURCE: Industrial Info Resources

June 13, 2008 06:30 ET

India Addresses Increasing Demand for Coal by Developing 26 Mines, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - June 13, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Coal India Limited (CIL) (Calcutta, India) plans to seek expressions of Interest (EOI) from domestic and international players to develop an identified set of 26 abandoned underground assets, which contain huge quantities of coking as well as non-coking coal reserves. The identified sites include 10 mines with 10 million tons of coking coal reserves. CIL will float a global tender seeking EOI in June and will forge joint ventures with interested players.

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