Coal Videsh

Coal India Limited

Coal Videsh was formed with the intent of enhancing the energy security of the nation.

CIL is pursuing acquisition of Coal assets abroad through Coal Videsh.

CIL has established a joint venture company ICVL, with NTPC, SAIL, RINL and
NMDC for acquisition of metallurgical and thermal coal assets out side India.

The Government of India (GoI) has formed an empowered committee of Secretaries,

comprising the secretaries of Ministries of Steel, Mines, Power, Finance,Coal, External
affairs,Law and justice and department of Public Enterprises to approve overseas investment
proposals of CIL and ICVL for acquisition of coal assets exceeding Rs 10,000 million and Rs
15,000 million in each instance respectively, with the committees recommendation being
presented to the cabinet of Ministers of the GoI directly for approval.

CIL has established a wholly owned subsidiary COAL INDIA AFRICANA

LIMITADA(CIAL) in Mozambique.
CIAL has been granted a prospecting license for two geological coal blocks by the Government of
Mozambique in Aug 2010.

Coal India Limited is pursuing a strategy for expansion of its international business by :
Making equity investment in brown-field and green-field coal mining projects abroad.
Initiating the process of selecting the Coal companies as prospective strategic partners for its
international operation.
Evaluating proposal for acquisition of coal assets in Australia,Indonesia and USA and has commenced
the due diligence process.
Earmarking Rs 60,000 million for the acquisition of international coal assets.

CIL intends to enter into a long term off-take arrangements for import of coal into India.
RFQ ( Request for Qualification) has been floated and responses are currently being examined.

Panel of Technical Consultants approved by CIL for acquisition of mining assets in different zones

Sl No

Zone A

Zone B

Zone C

(Asia Pacific)

(Africa)

(Americas)

Minarco-MineConsult

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2.

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Weir International, Inc.

3.

Marston & Marston Inc.

Marston & Marston Inc

Marston & Marston Inc

4.

John T. Boyd Company

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John T. Boyd Company

5.

--------------------------International

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Behre Dolbear

6.

Hatch Associates

Hatch Associates,

Hatch Associates

7.

Norwest Corporation

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Norwest Corporation

8.

SRK Consulting

SRK Consulting

SRK Consulting

9.

The Mineserve Group Pty Ltd

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10.

IMC Group Consulting Limited

IMC Group Consulting Limited

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11.

GHD Pty Ltd12

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12.

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RSV ENCO Consulting (Pty) Ltd

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CILs Panel* of Investment Bankers.

1. HSBC Securities and Capital Markets(India) Pvt Ltd
2. Citi Group Global Markets India Private Limited.
3. JP Morgan India Pvt Ltd
4. UBS Securities India Pvt Ltd
5. N.M.Rothschild & Sons (India) Pvt Ltd.
6. DSP Merrill Lynch.
7. RBS Corporate Finance India Ltd.
8. Deutsche Bank.
9. Royal Bank Of Canada.
10. Rand Merchant Bank.

*Process for empanelment of MB/IB for coming 2 years is underway