Coal India Ltd (CIL) has identified as many as 14 additional projects for switching over to mechanised transport and loading at an estimated investment of ₹3,400 crore. The projects will be implemented under Phase II of its ‘first-mile connectivity’ (FMC) initiative.
The company has already invested close to ₹12,300 crore under Phase I of FMC for implementing mechanised transport and loading at 35 of its coal projects across six subsidiaries, each having production capacity of 4 million tonnes (MT) per annum and above. Their combined project capacity is 406 MT per annum.
The move would help improve efficiency in coal transport and computer-aided loading.
“Four coal companies of CIL together will infuse a tentative capital of over ₹3,400 crore in these projects, that have a total annual capacity of 100.5 million tonnes,” said a press statement issued by CIL.
Of the 14 projects, Central Coalfields Ltd accounts for five with a capacity of 62.5 MT a year; Mahanadi Coalfields with a solitary project has 20 MT a year