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Govt to merge MECL into CMPDIL for business strengthening
26 Apr 2022 CW Team
The central government has planned to merge Mineral Exploration Corporation Limited (MECL), a non-coal mineral exploration and consultancy firm, into Central Mine Planning and Design Institute Limited (CMPDIL) to create an integrated exploration organisation.
According to a statement, the Ministry of Coal has explained that CMPDIL is a subsidiary of Coal India Limited (CIL) that provides exploration and consultancy services, especially to the coal sector. Keeping scope for business expansion in other minerals, the government has plans to merge MECL into CMPDIL for its strengthening. The merger and creation of one integrated exploration and consultancy organisation with the requisite expertise for the coal and non-coal sectors would bring growth and value addition to the companies. Further, CMPDIL will continue to be a subsidiary of CIL. Image SourceRelated Stories
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