Nagpur: CIL NSE -4.76 % subsidiary Western Coalfields Ltd (WCL) will enter into a joint venture with Orissa Mineral Development Corporation (OMDC) for peak production capacity of 75 million tonnes of coal. Its Chairman and Managing Director Rajiv R Mishra also said 20 more mines will be opened by 2023-24, which shall sustain the production level over 75 million tonnes.
He added that WCL will enter into the joint venture with OMDC taking up five coal blocks in the Raigad district on the Odisha-Chhattisgarh border.
WCL is planning for a peak production capacity of 75 million tonnes.
While speaking at a event where he was felicitated by the Press Club here, Mishra spoke about his journey as the WCL chairman and managing director and challenges he had to face to achieve the coal production targets.
