Fuel News
Presidential decree to Coal India not in public interest, says TCI
The Children’s Investment Fund (TCI), the largest minority shareholder in Coal India Ltd (CIL), has rubbished the government’s argument that it was acting in public interest while directing the state-controlled miner to sign fuel supply agreements (FSAs) at throwaway prices.
The London-based hedge fund also called for the abolition of the FSA system, alleging it was benefitting ‘a
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