A government-owned coal mining corporation is called Coal India Ltd. (CIL). It produces coal and items made from coal. Coking coal, semi-coking coal, non-coking coal, hard coal, washed and beneficiated coal, coal fines, heavy oil, and coke are among the company’s product offerings.
The business runs mixed mines, underground mines, and open-pit mines. Products from CIL are used in factories that produce steel, fertilizer, glass, electricity, cement, ceramics, chemicals, paper, household fuel, and other goods. Through its subsidiaries, CIL operates in 84 mining locations located across eight (8) Indian states. As of 1 April 2020, Coal India Limited operated 352 mines, of which 158 were underground, 174 were opencast, and 20 were mixed mines.
State-owned Coal India Ltd (CIL) is planing to set up two thermal plants with an investment totalling Rs 21,547 crore in Odisha and Madhya Pradesh, an official statement said on Wednesday.
While one project is planned near Amarkantak in Madhya Pradesh, the other is at Sundergarh district, in Odisha.
“CIL has planned to set up two thermal power plants. One is being set up as a joint venture with the Madhya Pradesh government near Amarkantak,” the Ministry of Coal said.
It will be a 1 x 660 MW plant at an estimated cost of Rs 5,600 crore, the Ministry said adding the project is in the advanced stages of approval.
South Eastern Coalfields Ltd (SECL), a subsidiary of CIL, will invest Rs 857 crore as equity in the project to be implemented in a joint venture between SECL and Madhya Pradesh Power Generating Company Ltd, it added.
The work on the project is likely to start by the end of this financial year and is likely to be completed by 2028.
The Ministry further said Mahanadi Coalfields Limited (MCL) has set up Mahanadi Basin Power Limited as a wholly-owned subsidiary. MCL is also a CIL subsidiary.
The company is planning to set up a 2×800 MW pithead plant thermal power plant near its Basundhara mines, in Sundergarh district, Odisha.
“The estimated project cost is Rs 15,947 crore. Work on the project is likely to start by the middle of the next year and likely to be completed by 2028,” it said.
