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Coal India to operationalise 14 mines to augment output

Mining

Coal India to operationalise 14 mines to augment output

Coal India to operationalise 14 mines to augment output

14 mines will be operationalized by Coal India with the help of mine developers and operators (MDOs). These mines have a combined annual capacity of 165.58 million tonne, according to Chairman and MD Pramod Agrawal, and they will make a sizable contribution to production in the upcoming years. Ten of these projects are opencast, with a projected capacity of 161.50 million tonnes per year, and four are underground, with a projected capacity of 4.08 million tonnes per year.

Six successful bidders for these MDO projects, with a combined annual capacity of 96.74 million tonne, have received letters of acceptance.

Seven additional projects, with a combined capacity of 58.84 million tonne per year (five opencast and two underground), have floated tenders. For the fiscal year 2022–2023, Coal India has set a production goal of 700 million tonnes and suggested a capital investment of 16,500 crore.

Group Media Publication
Construction, Infrastructure and Mining   
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