Coal India to invest ₹3,300 crore in new washeries
pre-market1 source ↓written by the desknot a recommendation
- plans to invest
- ₹3,300 crore
- combined capacity
- 21.5 million tonnes per year
- will be allocated
- ₹300 crore
Coal India Ltd announced plans to invest ₹3,300 crore for eight new coking coal washeries to enhance coal quality and reduce import reliance. The washeries, with a combined capacity of 21.5 million tonnes per year, are expected to be operational by FY2030. Additionally, ₹300 crore will be allocated for modernizing existing facilities to boost efficiency.
Not investment advice. For informational purposes only.