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Coal India to operationalise 14 mines to augment output

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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.

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