Central Mine Planning and Design Institute (CMPDI) signed an MoU with SBI Capital Markets for cooperation in areas of strategic business. A CIL statement said the MoU was for cooperation in areas of strategic business and commercial interest. CMPDI with expertise of mineral exploration, resource evaluation including CBM/CMM, resource management, mining, geology, hydro-geological & geophysical studies, engineering geology investigations, mineral processing under its belt shall provide technical advisory support for the assignments undertaken by SBICAP.