-1.20 (-0.28%) Coal India’s subsidiary -- Central Coalfields (CCL) has planned to bring two new coal mines into production in the current financial year which would ramp up its capacity by 10-12 million tonnes per annum. The move assumes significance as Central Coalfields aims to cross 110 million tonnes production in the current financial year and 150 million tonnes by 2030.
The company plans to begin the production at Kotre Basantpur block (coking coal mine) with a peak rated capacity of 5 million tonnes by October. In the case of Chandragupt open cast project (non-coking coal) with a capacity of 15 million tonnes per annum (MTPA), the production is expected to start by March 2026. The company produced 87.5 million tonnes of coal in FY25, the highest ever in the history of CCL. The company will focus on increasing the capacity of existing mines and expediting the pace of bringing the new mines into production to achieve the 150 MT target.
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.