CMPDI Board Approves MoUs for Clean Energy, Critical Minerals & Coal Gasification
CMPDI's Board approved MoUs with OIL India and CSIR-CIMFR for clean energy, critical minerals, and coal gasification. Drilling operations achieved 101% of the target by August 2026, with a 12% growth in total drilling year-on-year. The Board also reconstituted key committees and approved auditor appointments and fees for FY 2026-27.
The MoUs with OIL India and CSIR-CIMFR represent significant strategic partnerships that could lead to future business development in key areas. The positive operational update also contributes to a favorable outlook.
The announcement details positive progress in drilling operations and strategic collaborations through MoUs, indicating forward momentum and a focus on future energy initiatives.
Central Mine Planning & Design Institute Limited (CMPDI) announced the outcomes of its 312th Board meeting held on September 17, 2026, in Ranchi. The Board reviewed the progress of drilling operations up to August 2026 for FY 2026-27, noting an overall achievement of 101% of the target, with departmental drilling at 107% and outsourced drilling at 98%. Total drilling growth compared to August 2025 was 12%. The company also achieved 116% of its annual target for 2D/3D Seismic Survey.
The Board approved a draft Memorandum of Understanding (MoU) with OIL India Limited (OIL) for a five-year collaboration on clean energy and critical minerals initiatives. This MoU aims to foster long-term technical collaboration, focusing on joint studies, technology sharing, and project implementation to support India's energy transition and mineral security, with individual assignments to be governed by separate agreements.
Furthermore, a draft MoU was approved between CMPDI and CSIR-CIMFR, Dhanbad, for scientific cooperation in coal gasification. This collaboration will leverage complementary expertise in areas such as coal and ash characterization, gasification technologies, process modeling, and feasibility studies.
The Board also approved the reconstitution of several committees, including the Audit Committee, Nomination and Remuneration Committee, CSR Committee, Stakeholder Relationship Committee, and Risk Management Committee, effective September 17, 2026. The appointments and remuneration for the Cost Auditor and Statutory Auditor for FY 2026-27 were also approved, along with the fixation of remuneration for the Statutory Auditor for Limited Reviews.
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