Singareni Collieries Company (SCCL) has set a production target of 67.5 million tonne (MT) of coal and a capital expenditure of `3,000 crore for 2020-21. The firm’s board has agreed to enter into a memorandum of understanding (MoU) with the government of Telangana for extracting 67.5 MT of coal in the coming financial year.
According to chairman and managing director N Sridhar, the board has sanctioned `3,000 crore of investments for the next financial year.
