Govt to merge MECL in CMPDIL; co to remain CIL unit

Govt to merge MECL in CMPDIL; co to remain CIL unit
ET Bureau
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The Ministry of Coal has clarified that CMPDIL is a subsidiary of Coal India Limited (CIL) that provides exploration and consultancy services primarily to the coal sector.

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The government will merge non-coal mineral exploration and consultancy Mineral Exploration Corporation Limited (MECL) into Coal India’s consultancy arm Central Mine Planning and Design Institute Limited (CMPDIL) to create an integrated exploration organisation.

In this regard, the Ministry of Coal has clarified that CMPDIL is a subsidiary of Coal India Limited (CIL) that provides exploration and consultancy services primarily to the coal sector. Keeping in view the scope for its business expansion in other minerals, the Government has plans for its strengthening, for which it is being considered to merge MECL into CMPDIL, an official statement said.

“Such merger and creation of one integrated exploration and consultancy organization with requisite expertise for coal and non-coal sector would result in growth and value addition. At the same time, CMPDIL will continue to be a subsidiary of Coal India Limited,” it statement said.

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