Coal India Update by Epic Research

Coal India has decided to amend its memorandum of association (MoA). The amendment will allow the Maharantna firm to produce, process, store, distribute, sell import, export or otherwise deal in gas and other byproducts arising from coal gasification and use them to produce ammonium nitrate, fertilisers and associated products.The amendment will also permit the coal PSU to install and operate such plant in the country and overseas.



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Posted in: Indian Market Tips