Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
423.15
4.00 (0.95%)
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Coal India identifies 15 new mining projects to operate through MDO mode

Date: 19-06-2020

Coal India (CIL) has identified 15 mining projects that would be operated through mining operators cum developers under its new strategy to expand production. The company has devised a transformative plan to engage mine developer-cum-operators (MDO) in its mines as it looks to increase its output and reduce dependency on import of dry fuel in the ensuing years.

Among the 15 identified mines, 12 blocks are open cast and three underground. Combined, the mines have a total targeted capacity of around 168 million tonnes per year. While the open cast projects have a targeted capacity of 162 million tonnes per year, underground projects add up to the rest close to 6 million tonnes per year.

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.