Coal India signs MoU with Shri Kedarnath Uthhan Charitable Trust

Coal India Limited (CIL) has signed an MoU with Shri Kedarnath Uthhan Charitable Trust to provide financial assistance of Rs 19 crore for infrastructure develop in Uttarakhand
Coal India signs MoU with Shri Kedarnath Uthhan Charitable Trust

New Delhi: Maharatna coal PSU Coal India Limited (CIL) on Tuesday said that it has signed a memorandum of understanding (MoU) with Shri Kedarnath Uthhan Charitable Trust, and will contribute Rs 19 crore for a road development project at Badrinath-Joshimath in Uttarakhand.

The MoU has been signed by CIL's Director (P&IR) SN Tiwary and the Tourism Secretary, Government of Uttarakhand Dilip Jawalkar at Dehradun.

One of the main features of the project is that the proposed road, besides benefitting 90 villages, will provide all-weather access to the village of Mana, situated at an elevation of 3200 meters and considered as the last village of India close to the Indo-China border. Betterment of road linkage is a precursor to the all-around socio-economic development of rural areas. CIL's last-mile road initiative aims to open a gateway of opportunities in the hinterland of the Badrinath hill region.

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Shri Kedarnath Uthhan Charitable Trust works for the rehabilitation and development of the region adjoining Kedarnath which was affected by flash floods in the year 2013. Chief Secretary and Tourism Secretary of Uttarakhand government are the Managing Trustee and Secretary of the Trust, respectively.

Earlier on March 27, the company has signed an MoU with the government of Himachal Pradesh via video conference to construct a pre-fabricated building for a Government Primary School in Kumarsain, Shimla, HP at a cost of Rs 1 crore.

Fulfilling its social commitments, CIL has spent close to Rs 90 Cr as part of its CSR in the FY 2020-21.

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