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Coal India’s arm awards order to L&T construction

17 Sep 2020 Evaluate

Coal India’s subsidiary -- Northern Coalfields has awarded order to Larsen & Toubro’s (L&T) construction arm -- L&T construction for its Metallurgical and Material Handling Business, for a coal processing and load out package to be installed at the Dudhichua Mines located in Uttar Pradesh. The company envisions production to touch 1 billion tonne by 2023-24 to meet the country's demand for coal.

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 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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