Advertisement
Saturday, Sep 25, 2021
Outlook.com
Outlook.com

CIL identifies 15 new mining proj to operate through MDO mode

CIL identifies 15 new mining proj to operate through MDO mode
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, Jun 18 (PTI) Coal India has identified 15 mining projects that would be operated through mining operators cum developers under its new strategy to expand production, the state-run miner said on Thursday.

Coal India has devised a transformative plan to engage mine developer-cum-operators in its mines as it looks to increase its output and reduce dependency on import of dry fuel in the ensuing years, the PSU said.

Among the 15 identified mines, 12 blocks are open cast and three underground, Coal India (CIL) said in as statement. Combined, the mines have a total targeted capacity of around 168 million tonnes per year.

While the open cast projects have a targeted capacity of 162 million tonnes per year, underground projects add up to the rest close to six million tonnes per year.

The contract period would be for 25 years or life of mine whichever is less.

CIL will engage MDOs of international repute, having modern technology through open global tenders, who will excavate, extract and deliver coal to the coal companies of CIL as per the approved mining plan, it said.

The PSU''s board recently approved the standard bid document and the request for bids for the engagement of mine developer cum operators (MDOs).

CIL is laying out plans to complete the formalities by 2021-22 so that all projects become operational and start yielding the output to contribute in one billion tonnes by 2023-24.

Upcoming identified projects of Mahanadi Coalfields Ltd (MCL), South Eastern Coalfields (SECL) and Central Coalfields Ltd (CCL) will form major segments for the MDO mode with targeted capacities of 65.5 million tonnes per year, 52.4 million tonnes per year and 45 million tonnes per year respectively.

Eastern Coalfields Ltd and Northern Coalfields Ltd between them will have projects with targeted capacities of 3 million tonnes per year and 2 million tonnes per year respectively.

Notice Inviting Tender (NIT) for two projects, Siarmal OC of MCL and Kotre-Basantpur Pachmo of CCL together having a targeted capacity of 45 million tonnes per year has been floated in 2019-20.

While NIT for five projects for a targeted capacity of 68 million tonnes per year will be floated in the ongoing fiscal, for the balance eight projects NIT will be floated in 2021-22.

Engagement of reputed MDOs would have multiple advantage of technology infusion, operational efficiency in the system apart from increased production.

MDOs will facilitate R&R issues, land acquisitions, green clearances and coordination with State and Central Pollution Boards.

Since contracts to them are on long-term basis, allied infrastructure would also be developed, it said. PTI SID MR

MR


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

More from Website

7 New Faces Likely In Punjab Cabinet; 5 Amarinder Singh Loyalists May Face Axe

7 New Faces Likely In Punjab Cabinet; 5 Amarinder Singh Loyalists May Face Axe

The new Punjab cabinet comprising 15 ministers will take oath on Sunday, the state’s Chief Minister Charanjit Singh Channi announced after having deliberations with the party high command in Delhi.

IPL 2021, DC Vs RR, Live Cricket Scores: Injury Cloud Over Marcus Stoinis In Abu Dhabi

IPL 2021, DC Vs RR, Live Cricket Scores: Injury Cloud Over Marcus Stoinis In Abu Dhabi

Follow live cricket scores and updates of DC vs RR here. Delhi are on top of the points table along with Chennai Super Kings.

UN Food Systems Summit: Leaders Commit To Tackling Global Hunger

UN Food Systems Summit: Leaders Commit To Tackling Global Hunger

The event adopted a comprehensive approach towards agri-food systems transformation to fight poverty and hunger, reduce inequalities, preserve environment

More from Outlook Magazine

Out Of Tune: Indie Musicians Seek Protection From Heckling And Abuse At Gigs

Out Of Tune: Indie Musicians Seek Protection From Heckling And Abuse At Gigs

Performers’ safety can only be ensured through street cred and holding organisers accountable.

Smoke And Mirrors: Smog Towers To Clean Up Dirty Air Is A Polluted Idea

Smoke And Mirrors: Smog Towers To Clean Up Dirty Air Is A Polluted Idea

The concept of vacuuming air in the open is not a practical solution to combat air pollution.

Sentry Duty On High Seas: Any Move To Contain China Is Welcome

Sentry Duty On High Seas: Any Move To Contain China Is Welcome

China, Afghanistan and the Quad are the pressing issues that form the backdrop of PM Modi’s first in-person meeting with Joe Biden

Advertisement

Outlook Newsletters

Advertisement