Coal India to invest RS 20,000 crore to switch over to mechanised loading
KOLKATA: State-run Coal IndiaNSE 0.32 % will invest between 15,000 and 20,000 crore by March 2024 to switch over to mechanised coal handling and loading systems at its mines. It will be implemented at 35 projects with a yearly production capacity of 4 million tonnes and above.
The move is part of its thrust on green initiatives and upgradation of mechanised loading system in first-mile connectivity — coal-transport from pithead to dispatch points.
The initiative involves setting up coal handling plants (CHPs) with silos and mechanised coal transport system through piped conveyor belts replacing existing road transport. It will enable quick crushing and sizing with the advantage of pre-weighed coal quantity being loaded.
