Central Coalfields Ltd chief Gopal Singh has been handling the additional charge of CMD of Coal India after Sutirtha Bhattacharya retired from the top post on August 31 this year.
While inviting applications through an advertisement for the post of chairman-cum-managing director, the government has said that "the...
applicants may submit their applications to the Ministry of Coal".
Professionals from the private sector along with those from public sector units (PSUs) are invited to apply, as per the communication.
"Applicants from state public sector enterprises/private sector should possess at least 25 years or post qualification experience in any organisation of repute....," the ministry said.
Government head-hunter PESB had earlier suggested that the Centre may choose an appropriate course of action for selection of CMD of the world's largest coal mineras it did not find any of the six candidates interviewed as fit for the top post.
"I am looking at creating a search cum selection committee and have sent in a proposal... to look at newer candidates or assess the suitability of the candidate," Coal Minister Piyush Goyal had said. Coal India, which accounts for over 80 per cent of domestic coal production, is eyeing one billion tonnes of output by FY2019-20.
Coal India Limited, the Maharatna PSU is the largest coal producer in the world. Operating through 82 mining areas CIL is an apex body with seven wholly-owned coal producing subsidiaries and one mine planning and consultancy company spread over eight states, CIL also fully owns a mining company in Mozambique called 'Coal India Africana Limitada'. It produces around 84 percent of India's overall coal production. In India where approximately 55 percent of primary commercial energy is coal dependent, CIL alone meets to the tune of 40 percent of primary commercial energy requirement. It commands nearly 74 percent of the Indian coal market. 98 out of 101 coal-based thermal power plants in India are dependent on CIL for coal.