Subsidiary for Buying Coal Assets in South Africa

Coal India Limited (CIL) has executed a Memorandum of Understanding (MOU) with organizations owned by Provincial Government of Limpopo, South Africa to engage in joint initiatives of identification, exploration and development of coal assets and development of necessary infrastructure for export of coal and coal products from Limpopo province. To implement the MOU, setting up of a CIL subsidiary in South Africa would, inter-alia, be required. 

This information was gien by the Minister of State for Coal Shri Pratik Prakshbapu Patil in a written reply in Rajya Sabha today.