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Coal India gain on green nod to SECL's Gevra mine capacity expansion

SECL is a "Miniratna" Company, and one of eight fully owned subsidiaries of Coal India. The company has its headquarters at Bilaspur, Chhattisgarh.

March 06, 2024 / 09:18 IST
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The expansion will position Gevra as the largest coal mine in Asia, overtaking Indonesia's Sangatta mine in coal production.

Shares of Coal India gained on March 6 after its Chhattisgarh-based subsidiary South Eastern Coalfield (SECL)-run Gevra mine secured the environmental clearance to expand production capacity to 70 million tonnes a year.

The expansion will position Gevra as the largest coal mine in Asia, overtaking Indonesia's Sangatta mine in terms of production.

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The Gevra mine, stretching approximately 10km in length and 4km in breadth, has a capacity to produce 52.5 million tonnes of coal every year, which makes it the largest in India.

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