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Coal India’s arm aiming 7 more FMC projects by end of year 2023

09 Jan 2023 Evaluate

Coal India’s arm -- Mahanadi Coalfields (MCL) is aiming 7 more First Mile Connectivity (FMC) projects, taking the total to 10, by the end of the year 2023, with capacity of 146 MT coal per annum through eco-friendly rail mode. As per the company, the number of FMC projects, which hold a key to ensuring speedy transportation of coal to consumers with minimum dust pollution, has gone up to three with a capacity of 46 MTPA (million tonnes per annum).

Besides, its Subhadra mining project in Angul district of Odisha, having a capacity of 25 MTPA, is advancing towards production. The project is being developed under Mine, Developer and Operator (MDO) mode. Besides, under MDO mode the company has begun work on its first mega project Siarmal in Sundergarh district of the eastern state, having a capacity of 50 MTPA.

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.

Coal India Share Price

438.70 5.80 (1.34%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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