Sign in

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

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

Updated on: Jun 26, 2014, 15:51:41 IST
Reuters | By , Mumbai
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

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

HT Image
HT Image

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.