+91-11 41521661 ceoicvl.delhi@gmail.com

ABOUT US

 

At the initiative of Ministry of Steel, Government of India, International Coal Ventures Private Limited has been set up as a Joint Venture Company with SAIL, CIL, RINL, NMDC and NTPC as the promoter companies for securing metallurgical coal and thermal coal assets in overseas territories with the following objectives:

  • To ensure supply of imported met coal, of at least 10% of the 2019-20 requirements of SAIL and RINL, i.e. say five million tonnes per annum, from assets overseas as medium term target to be achieved by 2011-12, being a step towards security of supply.
  • To be an owner of about 500 million tonnes of met coal reserves by 2019-20.
  • To meet the requirements and to serve the organizational aspirations of other participating companies like CIL, NTPC and NMDC by providing a facility for enhancing and leveraging their domain knowledge and human capital for international mining business development and also for procuring high quality thermal coal for companies like NTPC.
Vigilance Matters

Vigilance Administration of ICVL has been assigned to SAIL Vigilance.

Board of Directors

Currently, the Board of ICVL comprises of Director (Technical) SAIL, Director (Production) NMDC, Director (Commercial) RINL, Director (Finance) NMDC and Director (Finance) SAIL.

 

Sl. No

Name

Address

1.

Smt. Soma Mondal

Chairman, ICVL & Chairman, SAIL
Ispat Bhawan, Lodhi Road,
New Delhi -110003

2.

Shri Harinand Rai

Member of the Board, ICVL and Director (Technical), SAIL
Ispat Bhawan, Lodhi Road,
New Delhi -110003

3.

Mr. Deb Kalyan Mohanty

Member of the Board, ICVL and Director (Commercial), RINL
Rashtriya Ispat Nigam Limited,
Administrative Building
Visakhapatnam -530 031 (INDIA)

4.

Shri Amitava Mukherjee

Member of the Board of ICVL and Director (Finance), NMDC Limited,
Khanij Bhawan, 10-3-311/A
Castle Hills, Masab Tank,
Hyderabad -500028

5.

Shri Amit Sen

Member of the Board of ICVL and Director (Finance),SAIL
Ispat Bhawan, Lodhi Road,
New Delhi -110003

Chief Executive Officer

 

Sl. No

Name

Address

1.

Shri M H Khan

Chief Executive Officer
International Coal Ventures Pvt. Ltd
20th Floor, Scope Minar (Core-2)
Laxmi Nagar District Center, New Delhi -11092

Company Secretary

 

Sl. No

Name

Address

1.

Shri Rajesh Kumar

Company Secretary
International Coal Ventures Pvt. Ltd
20th Floor, Scope Minar (Core-2)
Laxmi Nagar District Center, New Delhi -110092

COMPANY BACKGROUND

 

International Coal Ventures (P) Ltd (ICVL) was incorporated on 20th May, 2009 under CIN No. U10100DL2009PTC190448 with an initial authorized capital of ICVL of Rs.10,000 crores (US$ 2 billion plus) and an initial equity capital of Rs.3,500 crores (US$ 700 million). The initial equity capital was to be contributed by the members progressively based on investment opportunities.

ICVL has been empowered with autonomy and freedom currently accorded to Navratna companies without formal Navratna status.

The Shareholding pattern of ICVL as on date is as below

S.NO

PROMOTERS

% AGE

1

Steel Authority of India Limited (SAIL)

47.82

2

Rashtriya Ispat Nigam Limited (RINL)

25.94

3

NMDC Limited

25.94

4

Coal India Limited (CIL)

0.2

5

NTPC Limited

0.1

100.00

ICVL ANNUAL REPORTS

 

S.NO

PROMOTERS

1

Steel Authority of India Limited (SAIL)

2

Rashtriya Ispat Nigam Limited (RINL)

3

NMDC Limited