Coal India seeks BEML participation in joint venture for reviving MAMC

"CIL is trying to involve BEML which has manufacturing ability. It has also initiated talks with the company regarding its participation in the joint venture to revive MAMC. That company has shown interest," N C Jha, director (technical), CIL, said.

CIL and Damodar Valley Corporation (DVC) had jointly proposed to acquire and revive MAMC. The PSUs had approached the West Bengal government with a revival proposal for the closed unit.

Jha said CIL, which has also sounded the union coal ministry on its proposal, would discuss the draft MoU about participation in the JV with DVC at the company''s board meeting scheduled to be held on May 11.