India coal must allow foreign equity - MMTC Chairman
September 11th, 2007India’s coal mining sector must eventually open up to allow foreign companies to own … MMTC and miners like Coal India to acquire coal reserve blocks to develop mines, he said. “There should be open, e-bidding for coal … the right decisions but it will take time,” he said. E-AUCTIONS MMTC is itself developing a large mine 600 metres underground, …