Coal India Limited (CIL) has signed a non-binding Memorandum of Understanding (MoU) with Indian Port Rail & Ropeway Corporation Limited on June 5, 2025. The agreement was formalized at Kolkata and focuses on the development of rail infrastructure for CIL and its subsidiaries.
This partnership is expected to support improved coal evacuation efficiency and facilitate better connectivity between coal mines and ports. With CIL being one of the largest coal producers in the world, efficient transport infrastructure is vital for ensuring timely delivery of coal to power plants and industrial units across the country.
The MoU is part of Coal India’s ongoing efforts to modernize its logistics framework and aligns with broader national goals of infrastructure development. The initiative is anticipated to help streamline coal transportation through railways, potentially reducing operational bottlenecks and enhancing turnaround times.
The disclosure was made to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under Regulation 30 of the SEBI (LODR) Regulations, 2015.
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