Coal India's seven projects to be developed by MDOs
COAL & MINING

Coal India's seven projects to be developed by MDOs

The state-owned CIL has given instructions for the development of seven coal projects by mine developers and operators (MDOs).

The goal of engaging MDOs through open worldwide auctions is to enhance domestic coal output and, to the greatest extent possible, minimise dependency on imports.

"Coal India (CIL) has issued letters of acceptance for seven coal projects to be pursued through the engagement of Mine Developer and Operators," the Maharatna firm said in a statement.

Three of these seven projects are owned by Central Coalfields (CCL), a subsidiary of CIL, and two are owned by Mahanadi Coalfields (MCL), another subsidiary of CIL.

South Eastern Coalfields and Eastern Coalfields each have a single project.

The coal behemoth is tracking 15 new coal projects that will mine coal using MDOs. CIL will invest Rs 206 billion in land acquisition, rehabilitation, and resettlement, as well as railway sidings in select cases.

The function of MDOs would be to excavate, extract and deliver coal to the firms in accordance with the approved mining plan. CIL is the sole owner of the mines and coal.

Sale of coal would be done by CIL. MDOs would bring to the table technology infusion, the bulk of the capex investment, economic viability and efficiency in operations for increased production.

Also Read
India to fire up nuclear power production in the green shift
Indian state-run power companies close to buying Lanco asset

The state-owned CIL has given instructions for the development of seven coal projects by mine developers and operators (MDOs). The goal of engaging MDOs through open worldwide auctions is to enhance domestic coal output and, to the greatest extent possible, minimise dependency on imports. Coal India (CIL) has issued letters of acceptance for seven coal projects to be pursued through the engagement of Mine Developer and Operators, the Maharatna firm said in a statement. Three of these seven projects are owned by Central Coalfields (CCL), a subsidiary of CIL, and two are owned by Mahanadi Coalfields (MCL), another subsidiary of CIL. South Eastern Coalfields and Eastern Coalfields each have a single project. The coal behemoth is tracking 15 new coal projects that will mine coal using MDOs. CIL will invest Rs 206 billion in land acquisition, rehabilitation, and resettlement, as well as railway sidings in select cases. The function of MDOs would be to excavate, extract and deliver coal to the firms in accordance with the approved mining plan. CIL is the sole owner of the mines and coal. Sale of coal would be done by CIL. MDOs would bring to the table technology infusion, the bulk of the capex investment, economic viability and efficiency in operations for increased production. Also Read India to fire up nuclear power production in the green shift Indian state-run power companies close to buying Lanco asset

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000