State-run coal miner Coal India Ltd is heading for a restructuring, with the government on Monday inviting expressions of interest (EoI) from consultants to draw out a plan. The idea is to spin off CIL subsidiaries as independent entities to ramp up production by infusing competition.

“It has been proposed to take up a study for restructuring CIL to assess drawbacks inherent in a monopolistic situation, for improving competition among coal mining companies, for evolving administrative structures to enhance planning capability in companies and improving investment plans,” the coal ministry said in a statement. Consultants have 15 days to submit EoIs and three months to submit the report.