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Home Trading News Stock Market

Coal India arm to bring to production 2 new mines this fiscal

June 22, 2025
in Stock Market
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Coal India arm to bring to production 2 new mines this fiscal
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Ranchi, Jun 22 (PTI) Coal India arm Central Coalfields Ltd plans to deliver two new coal mines into manufacturing within the present monetary 12 months which might ramp up its capability by 10-12 million tonnes each year, a prime official stated on Sunday.

The transfer assumes significance as Central Coalfields Ltd (CCL) goals to cross 110 million tonnes manufacturing within the present monetary 12 months and 150 million tonnes by 2030.

“We now have deliberate to open two new mines this 12 months,” CCL Chairman and Managing Director (CMD) Nilendu Kumar Singh informed reporters right here.

The corporate plans to start the manufacturing at Kotre Basantpur block (coking coal mine) with a peak rated capability of 5 million tonnes (MT) by October. Within the case of Chandragupt open solid venture (non-coking coal) with a capability of 15 million tonnes each year (MTPA), the manufacturing is anticipated to begin by March 2026.

The corporate produced 87.5 million tonnes of coal in FY25, the very best ever within the historical past of CCL. The CMD stated CCL wants to start the preparation from now to attain the goal of 150 million tonnes by 2030.

The corporate will deal with growing the capability of present mines and expediting the tempo of bringing the brand new mines into manufacturing to attain the 150 MT goal.

CCL at the moment operates 35 open-cast mines and three underground mines in 14 command areas throughout eight districts of Jharkhand.

Singh additional stated that the corporate additionally plans to provide you with 4 new washeries with a mixed capability of round 14 million tonnes in one other two to a few years.

A coal washery cleans uncooked coal by eradicating impurities like ash, rocks, and different undesirable supplies, bettering its high quality for numerous functions, significantly to be used in energy vegetation and metal mills.

The corporate at current has 5 coal washeries beneath operation (4 coking coal and one non-coking coal), the CMD stated.



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