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Make of this what you will: 27th September 2018 Rakesh Kumar,...

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    Make of this what you will:

    27th September 2018

    Rakesh Kumar, who is presently posted as Director(Finance) Neyveli Lignite Corporation of India Limited (NLCIL)  under Ministry of Coal, Government of India has been appointed as Chairman- cum Managing Director Neyveli Lignite Corporation of India Limited (NLCIL)  under Ministry of Coal

    One of many links to the story: https://www.sarkarimirror.com/rakes...edunder-ministry-of-coal-government-of-india/

    The way I read this is that NLC wouldn't have been able to enter into a large R&D agreement before Kumar was officially appointed by the Government of India. It's now official so this makes me rest a little easier and perhaps it's one of the final hurdles before we reach financial close. Who knows!
 
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