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Sutirtha Bhattacharya News
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Singh succeeds Sutirtha Bhattacharya, who retired on Thursday, the state-owned Coal India (CIL) said in a filing to the BSE.
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Coal India Limited (CIL) chairman Sutirtha Bhattacharya said time has come to explore viable diversification plans to enter into the renewable energy sector to become more competitive in the market.
Coal India Ltd, which had estimated a capital expenditure of Rs 60,000 crore to ramp up production to 908 million tonnes, may have to revise it in view of the proposed Land Acquisition Bill.
Coal India will seek shareholders' nod for extending the tenure of Sutirtha Bhattacharya as its Chairman and Managing Director till August 31, 2017.
Prior to this, Bhattacharya was the CMD of state-owned Singareni Collieries Company.
Senior IAS officer Sutirtha Bhattacharya is set to take over as new full-time Chairman and Managing Director of world's largest miner Coal India (CIL) by January 5.
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