Q1 What type of coal assets are the primary targets for ICVL?
Ans : The primary targets for ICVL is the acquisition of metallurgical and thermal coal assets. Both metallurgical coal and thermal coal to be sourced from such assets is intended for consumption by the member companies of ICVL.
SAIL and RINL are currently the two steel producing companies who import and use prime hard mid volatile metallurgical coking coal. NTPC and the other customers of CIL use low sulphur thermal coal with calorific value around 5,000 K/ Cal.
Q2 Whether ICVL is interested in long term off take agreements for importing coal to India?
Ans : ICVL has been established with the objective acquisition of equity/ ownership interest in coal companies/ coal mines/ coal assets so that it could obtain coal from such acquisitions on a long term sustainable basis. ICVL would sign long term off-take agreements in such companies/ mines/ assets where it establishes an ownership position. Ownership position is clarified as ranging from full ownership to a minority equity stake position.
Q3 Which are the target countries for ICVL?
Ans : ICVL is open to looking at suitable opportunities/ proposals in all overseas territories. However, the preferred regions/ target countries are Australia/ New Zealand, Indonesia, Canada/ USA, South Africa/ Mozambique.
Q4 What are the preferred quality parameters of coal for ICVL?
Ans : The preferred quality parameters of metallurgical coking coal and thermal coal can be downloaded from this website. Download