CIL Current Affairs

CIL inks MoU with ICFRE to monitor Environment related issues in Coal Mining Projects

The Coal India Limited (CIL) has signed a Memorandum of Understanding (MoU) with Indian Council of Forestry Research and Education (ICFRE) for effectively monitoring of environment related issues in the coal mining projects.

The MoU will help CIL to properly comply and monitor the conditions laid down by the Ministry of Environment, Forests and Climate Change (MoEFCC) for environment and forest clearances. It will also help CIL in improving the rehabilitation and reclamation of the mined out areas.

The MoU covers assessment and monitoring of (i) Plantation and eco restoration activities, (ii) Preparation of environmental impact assessment, (iii) Preparation of wild life management plans, (iv) Environmental management plans and (v) Capacity building for the executives of CIL on environment and forestry issues and more

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NTPC partners with Coal India Limited to foray into fertilizer sector

State-run power producer NTPC has signed a joint venture agreement (JVA) with state-run miner Coal India Limited (CIL) to revive plants of the Fertilizer Corporation of India Limited (FCIL).

The agreement will pave the way for NTPC to foray into fertilizer sector and revive existing fertilizer plants of FCIL.

Under the agreement

  • A joint venture (JV) company will take up the revival of FCIL plants at Sindri in Bihar and Gorakhpur in Uttar Pradesh by setting up an ammonia urea plant at each location.
  • The JV company would initially be incorporated with 50:50 equity participation from both state run entites.
  • It also contain provisions of inducting strategic partners at a later date depending upon business requirement of JV company.

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