CMPDI signed MoU SBI Capital Markets Limited

Ranchi: A Memorandum of Understanding (MoU) was signed between Central Mine Planning & Design Institute Limited (CMPDIL) and SBI Capital Markets Limited (SBICAP) on Thursday, January 09, 2020 at Ranchi for enhancing co-operation in potential areas of business interests.

 

The potential areas of cooperation shall include technical advisory by CMPDIL for the works undertaken by SBICAP and financial advisory by SBICAP for works undertaken by CMPDIL related to due diligence/ advisory/ consultancy services for acquisition, development and related activities for coal, minerals and natural resources sector and newer areas such as Coal Bed Methane, Coal Mine Methane, coal gasification (surface and underground), Coal to Liquid(CTL) and related projects, in India and abroad.

 

The MOU was signed by Shri Manoj Kumar Khadiya, Head of Division (Business Development), CMPDIL and Shri Shubham Goel, Vice President, Government Advisory & Policy Services, SBICAP in presence of Shri Shekhar Saran, Chairman & Managing Director, CMPDIL, Shri Rabindra Nath Jha, Director (Technical), CMPDIL and other officials from CMPDIL and SBICAP. This MOU will be for a period of 3 years and can be mutually extended further upon consent of both the parties.