COAL & MINES

Coal India to switch to mechanised transport for 14 projects

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

Source
the hindu businessline
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