Coal India signs MoU with Indian Port Rail & Ropeway Corporation
The non-binding memorandum of understanding has been signed in Kolkata between the two companies.
New Delhi: A Maharatna CPSE, Coal India Ltd (CIL) and Indian Port Rail & Ropeway Corporation Limited have executed a non binding Memorandum of Understanding (MoU) on 05.06.2025 at Kolkata with an intent of development of Rail Infrastructure of CIL and its subsidiaries.
The non-binding memorandum of understanding has been signed in Kolkata between both the companies. The company has disclosed through exchange filing.
Indian Port Rail & Ropeway Corporation Ltd is a JV Company between 11 major ports under the Ministry of Ports, Shipping and Waterways, holding 90% of equity capital and Rail Vikas Nigam Limited (RVNL) under the Ministry of Railways, holding 10% of equity capital.
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