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Coal India’s arm gets environment clearance to set up coal washery in Talcher

06 Sep 2016 Evaluate

Coal India’s subsidiary Mahanadi Coalfields has received environment clearance for setting up a coal washery with 10 million tonnes per annum (mtpa) capacity in Talcher district of Odisha at a cost of Rs 348.75 crore.

The company has proposed to set up a 'Jagannath washery' in an area of 29.94 hectare on Build Operate and Maintain (BOM) basis in Talcher. The proposed washery with 10 mtpa capacity will have the linkage of coal from Bhubaneswari open cast mine.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

 

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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