Coal India to ramp up output through MDOs
Coal India Limited (CIL) in a major move to increase its coal output and reduce import dependency of coal in the ensuing years has devised a transformative plan to engage Mine Developer cum Operators (MDO)s in its mines.
The Maharatna coal mining behemoth in the process has identified a total of 15 greenfield projects, as on date, to operate through MDO model of which 12 are open cast and 3 underground. Combined, they have a total targeted capacity of around 168 Million Tonnes/Year (MTY). While the OC projects have a targeted capacity of 162 MTY, UG projects add up to the rest close to 6 MTY. The contract period would be for 25 years or life of mine whichever is less.
