Tag: Coal Block Allocation
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India: CIL Augments Coal Reserves to Increase its Market Competitiveness
Indian miner-CIL, has received a major boost after allocation of new coal blocks elevated resources of the coal major. Coal resources of CIL have increased by 8.3 BnT after allocation of 16 coal blocks by the Indian government. Incidentally, CIL’s resource capacity took a leap to over 172 BnT from 164 BnT after the allocations,…