CIL to commission 19 washeries entailing Rs 3K cr investment
Coal India, the country"s largest coal producer, is set to commission 19 washeries over the next five years with an investment of Rs 3,000 crore. - Sadbhav Engineering bags order for Rs 225 cr from CIL"s subsidiary - CIL set to remove imported coal clause for consumers - CIL seeks approval for compensatory shares out of divestment - Govt may sell 15% stake in Coal India - CIL targets 7.7% growth in 2009-10 - CIL to spend $1-1.5 bn to acquire assets in 4 countries These facilities would help the company in enhancing the quality of its coal through washing. "We have decided to go for washeries at a large scale on build, operate and maintain (BOM) basis. We are planning for 19 washeries with a total investment of Rs 3,000 crore in the first instance (by 2015) with capacity to wash 105 million tonnes of coal," CIL Chairman Partha S Bhattacharyya said. The company plans to start commercial operation of six out of the 19 washeries by March 2013, he said. "Contract signing for these 6 washeries is likely to be completed by March 2010," he added. The company will float global tenders for another eight facilities in the next six months and plans to commission them by 2013-14, Bhattacharyya said adding that another five washeries would be added by 2014-15. Of the 6 washeries proposed by March 2013, three will be set up at its subsidiary Bharat Coking Coal Ltd, two at Mahanadi Coalfields Ltd and one at Central Coalfields Ltd. The Navratna PSU also plans to add about 20 washeries in the second phase (post-2015), he said.Quick Loan commented:
Their investment will surely make a success for the people and everyone will be benefitted
26.08.2011
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26.09.2011
Whichpayday commented:
In fact,the main purpose of CIL is to produce the planned quantity of coal efficiently and economically with due regard to safety, conservation & quality.
03.10.2011
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22.10.2011
Family Offices Hong Kong commented:
This step taken by CIL will definitely help them a lot.I really like the post very much and thanks for sharing this with us.
25.11.2011
Family Offices Singapore commented:
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28.11.2011