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Rajya Sabha
Coal India Limited (CIL), the public sector coal major, has taken initiatives to pursue overseas opportunities in coking coal and low ash thermal coal, both of which have limited techno-commercially viable domestic reserves. The initiative is at a very nascent stage. The possible destination countries are Australia, South Africa, Zimbabwe, Indonesia and Russia.
There is scarcity of techno-commercially exploitable reserves of coking and low ash thermal coal in the country. CIL has envisaged to invest in foreign coal opportunities to bridge the demand-supply gap and to enhance the energy security of the nation.
This information was given by the Minister of State for Coal, Dr. Dasari Narayana Rao, in a written reply in the Rajya Sabha today.
DS/SCH
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