CIL Will Come Out With Its Initial Offer Within Three Years - Oct 31, 2008

Coal India Ltd (CIL), which is a state owned company and received Navratna status last week, is planning to come out with its initial offer within three years. According to Mr Partha S Bhattacharyya, chairman CIL, "The company has to get listed within a stipulated period of three years. We will try to do it well before time. Discussions would begin shortly with the government and other agencies for the initial offering.