Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessCompaniesCIL to place Rs 2,000-cr order on 7 coal washeries by FY'14

    CIL to place Rs 2,000-cr order on 7 coal washeries by FY'14

    Coal India Limited said it would place orders worth Rs 2,000 crore for seven coal washeries with a washing capacity of 15-16 million tonnes of coal.

    June 25, 2013 / 20:33 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Coal India Ltd today said it would place orders worth Rs 2,000 crore for at least seven coal washeries by the current fiscal.


      "The contract for seven coal washeries would be placed by this fiscal with washing capacity of 15-16 million tonnes (MT) of coal," CIL General Manager (project monitoring) T K Sinha said on the sidelines of the CII-organised India-South Africa cooperation seminar.


      Also read: TCI sold nearly 19% of its Coal India stake: Source


      "Agreement for two washeries had already been signed and two more would be signed shortly. The rest would be done during the year," he said.


      Asked about a low demand for washed coal from consumers, Sinha said there was demand for washed coal from non-power consumers. CIL officials said the company has 17 washeries with an installed capacity of 34 million tonnes.


      Sinha said Coal India would pump Rs 2,000 crore in these seven washeries, while the decision for the rest would be taken later.

      The investment is over and above the Rs 5,000 crore capex the CIL proposes to infuse during the current fiscal for purchasing equipment, land, railway siding, etc, excluding acquisition.

      first published: Jun 25, 2013 06:08 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
      CloseOutskill Genai