The marketing of Coal India

CIL, thus, practically leads a double life - under the spotlights at Mumbai and away from it in the mines that dot mostly eastern India

When Coal Turned Gold

The Making of a Maharatna Company

Partha Sarathi Bhattacharyya 

Penguin Random House 

180 pages; Rs 699

Railway Minister Piyush Goyal announced recently that the Indian Railways would run entirely on electricity by 2022. Most of that electricity will be generated through coal-fired plants, which puts a question mark on the feasibility of that target. Just a month before in July, the other ministry under the minister's charge, coal, was wrestling with the crippling shortage of coal that industries are facing. 

None of this seems to impact the fortunes of Coal India Ltd (CIL), India’s monopoly producer of the fuel, in the stock