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Central Government/Public Sector | Not Classified - india | PID: 200759
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Domestic coal major Coal India (CIL) is set to infuse Rs 91,000 crore in various projects, including diversification and mine development, by 2025-26. An allocation of Rs 36,000 crore has been made for coal gasification projects, while Rs 46,000 crore is earmarked for mining developers cum operators-led (MDOs) projects and other contracts. The remaining amount will be spent on various other projects
CIL has already identified 15 greenfield projects having a total project-rated capacity (PRC) of 168.58 million tonne (MT) per annum for implementation through the MDO mode. Out of these 15 projects, letters of award (LOAs) have been given to nine MDO-based projects. These nine projects have a production capacity of around 127 MT. Eleven of the 15 projects are opencast and the remaining four are underground mines. Another six mining projects are in different stages of implementation.
So far, three tenders have been completed for the coal gasification project, with the overall objective of setting up four coal gasification projects and one lignite gasification project. The gasification project has been taken up prolifically to yield multiple energy, chemical and petro-chemical products. CIL has inked pacts with BHEL, GAIL and IOCL to this effect.
CIL’s diversification plans include bauxite mines, aluminium smelters and others besides power plants.
| Updated on: 06 - May - 2023
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