 "coal, CIL, coal india limited")
Coal India Ltd, the world's largest coal miner, plans to directly export output to neighbouring countries, according to sources and documents seen by Reuters, after decades of exclusively supplying domestic consumers.
The state-run company plans to export to Bangladesh, Nepal and Bhutan, according to a draft policy sent to the secretary of India's coal ministry and reviewed by Reuters, as a part of India's "neighbourhood first" policy, which seeks to counter China's growing economic influence in South Asia.
The proposal was presented at an internal board meeting on corporate strategy in October 2020 and was confirmed by Coal India's chairman
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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