Policy and Regulatory Advisory
CRISIL has extensive work experience in policy and regulatory domain with governments, multilateral agencies, ministries, and regulatory bodies in the sector. We assisted the Ministry of Coal/ Central Mine Planning & Design Institute Ltd. (CMPDI) in preparation of methodology for captive coal block auctions including formulation of floor price and in preparation of standard bidding documents. We have advised the Society for Elimination of Rural Poverty, Government of Andhra Pradesh in reviewing their sand mining policy including its implementation on the ground. We were also engaged by Coal India Limited in implementation of New Coal Distribution Policy, which included developing Model Letters of Assurance (LOA) and Model Fuel Supply Agreements (FSA) for different customer categories in compliance with NCDP.
Transaction Advisory Services
CRISIL played a pivotal role in the transaction advisory space for selection of Mine Developer cum Operator (MDO) by successfully concluding the first ever international transaction for selection of a MDO for NTPC Ltd.'s Pakri Barwadih coal block in Jharkhand. Thereafter, we assisted multiple clients in their MDO ventures by analysing alternate business models for developing a mineral block, and preparation of the bidding documents including developing a bankable Mining Services Contract. We are equally experienced in providing transaction advisory services for auctioning of mineral blocks. Currently, we are assisting the Department of Mines & Geology, Government of Karnataka in auctioning Category 'C' iron ore mines.