CIL informs Parliament of decision to shut down high risk mines
DSIJ Intelligence / 24 Jul 2017
Coal India Limited (CIL) informed the Parliament that the company will shut down high-risk mines that are beyond mitigation.
CIL informs Parliament of decision to shut down high risk mines
On Monday, Coal India Limited (CIL) informed the Parliament that the company will shut down high-risk mines that are beyond mitigation.
The company has graded all mines in three categories; high, moderate and low risk. CIL has made the mine-wise action plan to mitigate high and moderate risks and bring such mines into low risk category.
The company’s arm Eastern Coalfields saw Lalmatia mine collapse that claimed 18 lives in December 2016.
At Rs 261.35, the stock on Monday closed down by 0.34% on BSE. It opened at Rs 263.40 per share. It touched its intraday high and low at Rs 265.30 and Rs 260.55, respectively. The stock’s 52-week high stood at Rs 249.85 and low at Rs 243.
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