CBI initiates probe into OMC- Sainik coal mining deal
The Central Bureau of Investigation (CBI) has initiated probe into the contentious joint venture pact between the state-owned Odisha Mining Corporation (OMC) and Delhi-based Sainik Mining & Allied Services Ltd (SMASL) for coal mining in the state.
Both companies had formed a JV named Kalinga Coal Mining (Private) Ltd for raising coal from Utkal D block in Angul district, allotted to OMC, with an estimated coal reserve of 138 million.
Publication Date:
20/11/2012