SteelMint

Tag: Capex for Coal

  • MCL pledges INR 60,000 Crore on mining, social infra

    MCL pledges INR 60,000 Crore on mining, social infra

    —

    by

    Abdul Sayeed
    in

    Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited (CIL), has committed an investment of about INR 60,000 crore in Odisha, with INR 31,000 crore to be spent for mining and social infrastructure development by FY24. With investment in acquisition of land for three new MDO (Mine Developer and Operator) projects, namely Siarmal 50…