Coal India to foray into power sector

DIVERSIFICATION PLAN Law Kumar Mishra | TNN Dhanbad: The public sector company Coal India Ltd has decided to enter into power production and has signed three MoUs with different electricty boards in Uttar Pradesh, Chatisgarh and Tamil Nadu for setting up 1000 megawatt capacity plants in the three states. However, the implementation of the power projects would be taken up after three years as CIL has resolved to concentrate on increasing coal production, CIL chairman, Partho S Bhattacharya told the TOI on Monday.