Bhubaneswar: Power and coal minister Piyush Goyal said there was no value in splitting up India's biggest coal producer Coal India Ltd.
Reuters reported on Wednesday that according to a presentation by senior government officials, a proposal has been mooted to break up of the country's Coal India monopoly into seven different companies.
"I have made my view known in June 2014. Coal India's strength comes from it being one company," he said.
Mr Goyal also said he has asked the board of state-owned aluminium producer National Aluminium Co. to "reconsider" a proposal to set up a smelter in Iran.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
