Home » Posts tagged with "coal india monopoly"

Should Coal companies be made smaller: to increase production of power?

Coal in India: abundant or scarce? For a coal producer trying to navigate India’s complex federal structure, size matters. And the smaller the better. That harsh lesson was learnt by S Narsing Rao, the outgoing chairman and managing director of Coal India Ltd, the world’s biggest coal miner. While Rao has been at the helm in the past two years, Coal India has missed its annual output targets. But in the six years before that, Rao-led Singareni Collieries and the company beat output targets every year. Even though it is India’s second-biggest coal producer, it is small compared... 
© 2010 BiharDays    
   · RSS · ·