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Coal India planning to set up and operationalize nine more new washeries

27 Jun 2022 Evaluate

Coal India (CIL) is planning to set up and operationalize nine more new washeries with a capacity of 30 MTPA. With setting up of new washeries, CIL will be able to supply about 15 MT of washed coking coal to the steel sector, thereby reducing import of coking coal. During FY22, CIL supplied 1.7 MT washed coking coal to the steel sector and has set a target of 3.45 MT during FY23.

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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