Categories: Agreements

India signs MoUs with Russia for coking coal

Coal India signed MOUs with two Russian entities within the areas of coking coal mining within the Russian Far East and therefore the Arctic Region. The first MOUs was signed with Far Eastern Agency for Attracting Investments and Supporting Exports (FEAAISE), Russia and the second MoU was signed with Eastern Mining Company (FEMC) of Russian Federation for exploring, identifying, sourcing, negotiating and consummating interdependent investment opportunities within the mining sector within the Russian Far East .

Click Here To Get Test Series For SBI PO 2020

India is seeking a long-term agreement for supply of crude oil from Russia as it seeks to diversify its sources for hydrocarbons. Both the countries has begun negotiations on long-term assured supplies of petroleum , especially from Russia’s Far East , and has also invited Russian companies, particularly in gas business, gas infrastructure and petrochemicals, to invest in India.

Important takeaways for all competitive exams:

  • Headquarters of Coal India: Kolkata.
  • CEO of Coal India: Anil Kumar Jha.

Find More News Related to Agreements

Devanshu Kaushik

Recent Posts

Uttarakhand Tourism Announced India’s First Astro Tourism Campaign Named ‘Nakshatra Sabha’

The Uttarakhand Tourism Development Board has teamed up with Starscapes, an astro-tourism company, to introduce…

2 days ago

UNESCO Guillermo Cano Prize 2024 Awarded to Palestine Journalists in Gaza

In a gesture of solidarity and recognition, Palestinian journalists covering the crisis in Gaza have…

2 days ago

Sanjaya Kumar Mishra to head GST Appellate Tribunal

Retired Justice Sanjaya Kumar Mishra has been appointed as the President of the Goods &…

2 days ago

RBI Approves Re-appointment of Atanu Chakraborty as HDFC Bank Part-Time Chairman

Atanu Chakraborty's re-appointment as part-time Chairman of HDFC Bank for three years, effective from May…

2 days ago

American Express Announces Inauguration of 1 Million Sq Ft Campus in Gurugram

American Express is set to inaugurate its expansive new campus in Gurugram, spanning nearly one…

2 days ago

World Press Freedom Index 2024 Announced, India Ranked 159th Out of 180 Countries

In the latest edition of the World Press Freedom Index published annually by Reporters Without…

2 days ago