The Business Bytes
TBB BUREAU
SAMBALPUR, MAR 1, 2024
Energy major Coal India Limited on Friday entered into a Memorandum of Understanding (MoU) with Indian Institute of Managements (IIM) Mumbai and Sambalpur, marking a crucial step in multimodal connectivity infrastructure for coal transportation in alignment with the PM Gati Shakti National Master Plan 2021.
The collaboration brings together industry expertise and academic excellence, promising a transformative leap in logistic efficiency, contributing to economic growth and environmental sustainability.
The MoU, signed by MCL Director (Personnel) Keshav Rao on behalf of Coal India, with IIM-Mumbai Director Prof Manoj K Tiwari, and IIM-Sambalpur Director Prof Mahadeo Jaiswal, was exchanged in the presence of Union Minister for Education, Skill Development and Entrepreneurship Dharmendra Pradhan, Coal India Limited Chairman PM Prasad, and MCL Chairman-cum-Managing Director Uday Anant Kaole, , Mahanadi Coalfields Limited (MCL).
Under this initiative, a one-year PGP-Ex programme in “Logistics and Operations Excellence through Digitisation” is to be conducted for the Executives of Coal India, serving in MCL and other subsidiaries.
Speaking on the occasion, PM Prasad lauded IIMs and MCL for the initiative.
