Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
418.55
-4.55 (-1.08%)
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Coal India taking close look on green mining options

Date: 17-06-2022

Coal India (CIL) is taking a close look on green mining options in a bid to minimize adverse environmental impact by leveraging a slew of eco-friendly technologies in its UG and OC mines. With land turning out to be a major pain point for expansion of coal mining operations these technologies bypass land acquisition and avoid its degradation. The locked up coal assets left out earlier due to techno-commercial and safety concerns can now be unearthed through these technologies.

CIL is exploring ramping up its UG production by four-fold to 100 million tonnes (MTs) by FY 2030 from 25.6 MTs in FY’22. UG output is environmentally clean, minimally invasive on land degradation, society friendly. Around 70% of the country’s coal reserves are conducive for UG mining. The aim is to make UG production sizably supplement the OC output. At current rate, mineable coal reserves at existing OC will slowly start lowering.

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.