Stake sale in Coal India is in 'action plan': govt official

  • Reuters, Mumbai
  • |
  • Updated: Jun 26, 2014 15:51 IST

A stake sale in Coal India Ltd is in "action plan," said Sangita Chourre, joint secretary in the department of disinvestment in finance ministry.

The government will space out the disinvestments to ensure appetite for the issuances, she added.

The government has an 89.65% stake in Coal India, the world's largest coal miner, BSE data showed.

 

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