A Conflict Of Interests
India Inc. is embroiled in a war of words with Coal India (CIL), the country's largest producer and supplier of coal. With an annual production of more than 350 million tonnes of raw coal last year, Kolkata-based CIL meets the coal requirements of more than 80 per cent of the industry, which gives the government-owned and run company a near monopoly status in the coal market. Traditionally, allocation of coal was done by CIL in consultation with the Ministry of Coal.
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