Equity investments of ₹5,607 cr by Coal India arms get CCEA nod
The Cabinet Committee on Economic Affairs on Thursday approved equity investments totalling ₹5,607 crore by Coal India subsidiaries-South Eastern Coalfields Ltd (SECL) and Mahanadi Coalfields Ltd(MCL)-for setting up two thermal power plants of 2,260 MW capacity. The approval bears a possible variation of 20% in the equity investment.
