13 projects for coal extraction identified: Coal India Ltd (CIL) chief

Kolkata: Coal India Ltd (CIL) has undertaken rail infrastructure projects for planned growth in production and sales and as many as 13 projects for coal extraction have been identified, Chairman Anil Kumar Jha said on Wednesday.

He said two coking coal washeries were commissioned and plans are on the anvil to set up a non-coking coal washery in Odisha’s Ib-Valley for which a letter of intention was issued. “Coal India is tasked with meeting challenging targets in the years ahead. Going forward in order to meet the production targets, it needs to step up its growth rate.

“In order to achieve the planned growth in production and extraction in future, the company has undertaken major rail infrastructure projects,” Jha said.

Out of the identified projects, three would be funded by coal companies, four to be funded by special purpose vehicles and six by railways, the miner said. (IANS)