Govt may list Coal India subsidiaries

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The government is planning to list Coal India's subsidiaries South-eastern Coalfields (SECL) and Mahanadi Coalfields (MCL), reports CNBC-TV18 quoting government sources.  It is learnt that the Prime Minister’s Office (PMO) is pushing for reforms in the coal sector and is also favouring Coal India rejig.

The PMO is calling for fresh meet to resolve fuel supply agreements (FSA) logjam and will review progress on coal block auctions.

Sources add that the Finance Minister is keen to clear Coal Regulator Bill at the Group of Minister (GoM) meeting in October.