Coal India (CIL), the world’s largest coal miner has decided to set up 16 washeries in its various subsidiaries, in order to reduce the quantity of ash and other un-useful component from coal so as to make it competitive in comparison to imported coal. The company along with its subsidiary companies has presently 17 coal washeries in operation.
Of the 16 new washeries to be set up by the company, six would be set up in Bharat Coking Coal (BCCL), Jharkhand; four in Mahanadi Coalfields (MCL), Orissa; three in Central Coalfields (CCL), Jharkhand; two in South Eastern Coalfields (SECL), Chattisgarh; and one in Eastern Coalfields (ECL) West Bengal.
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.
| Company Name | CMP |
|---|---|
| Coal India | 464.35 |
| NMDC | 86.79 |
| GMDC | 662.90 |
| Sandur Manganese | 234.65 |
| MOIL | 307.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: