Coal India (CIL) plans to rope in a global consultancy firm in order to advise on restructuring its operation and also to to address the issues for technology development and modernisation of the firm.
In this regard, the monopoly coal producer invited expressions of interest (EoI) from foreign consultancy firms.
The union coal ministry and CIL realise the need to enhance coal production and make coal industry competitive in the rapidly changing economic scenario.
The selected consultant would assess the status of existing technology and gaps in technology for production and safety in the underground and open cast mines of CIL, study requirement of technology and infrastructure for mine planning and design to meet projected coal production in future, and do a cost-benefit analysis of indigenous availability vis-à-vis import dependence.
CIL would also seek suggestions to improve its outdated IT systems. Applications would be accepted up to a month from now.
In early January, the coal ministry invited EoI from consultancy organisations to suggest ways to restructure the coal behemoth and then followed it up by forming a panel later in the month consisting largely of bureaucrats in the ministry to study those recommendations and shortlist consultants.
Following this close to 17 consultancy firms including McKinsey, KPMG, Ernst & Young, Deloitte and Crisil have applied.