
Investment27 Mar 2026, 12:45 pm
Coal India Ltd to Invest Rs. 3,300 Crores in 8 New Coking Coal Washeries
AI Summary
Coal India Limited (CIL) is set to invest Rs. 3,300 Crores in 8 new coking coal washeries, aiming to improve the quality of its coking coal and reduce import dependence. The washeries, expected to be operational by FY 2030, will have a combined washing capacity of 21.5 Million Tonnes per Year (MT/Y). CIL also plans to renovate and modernize its existing coking coal washeries and monetize three older, non-operative ones. The initiative is part of a public-private collaboration model with TATA Steel Limited to enhance the supply of quality coking coal to the domestic steel sector.
Key Highlights
- Coal India Ltd to invest Rs. 3,300 Crores in 8 new coking coal washeries
- New washeries to have a combined washing capacity of 21.5 MT/Y
- CIL to renovate and modernize existing coking coal washeries
- Plan to monetize three older, non-operative coking coal washeries
- Public-private collaboration with TATA Steel Limited to enhance supply of quality coking coal