Coal India gets nod for MCL project worth Rs 11363.18 crore

Coal India Ltd. | Mining & Minerals | Metals & Mining | BSE: 533278 | NSE: COALINDIA

28 Nov 2014 Evaluate

Coal India has received its board's approval for Project Report of 2X800 MW Coal-based Super-critical Thermal Power Plant (STPP), Hemgir (Sundargarh, Odisha), MCL with a total capital investment of Rs 11363.18 crore. This Project is being set up by Mahanadi Basin Power (MBPL) a wholly owned subsidiary of Mahanadi Coalfields, which is a wholly owned subsidiary of Coal India.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers

Company Name	CMP
Coal India	419.00
NMDC	80.69
Ashapura Minechem	518.35
Sandur Manganese	182.00
GMDC	553.15
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