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The government plans to move forward with a proposal to merge Coal India’s CMPDI and Mineral Exploration and Consultancy Ltd (MECL), and will issue a cabinet note on the matter. Coal India Ltd’s Central Mine Planning & Design Institute Ltd (CMPDI) is the company’s planning and design arm (CIL).
In a letter to the CEOs of MECL and CMPDI, the mines ministry requested information on the companies’ profitability, turnover, current order books, and current manpower positions in preparation for the merger.
The government is in charge “MECL and CMPDI’s merger has been approved. The… information may be provided to the Ministry of Mines in order to work out the modalities for preparing the cabinet note “According to the official memorandum.