Coal Handling Projects in Jharkhand: Rs 732 Crore Investment
By Rediff Money Desk, New Delhi Oct 07, 2024 15:25
Union Minister Satish Chandra Dubey laid the foundation stone of two coal handling projects worth Rs 732 crore in Jharkhand, aiming to improve coal transport and reduce loading time.
New Delhi, Oct 7 (PTI) Union Minister Satish Chandra Dubey has laid the foundation stone of two coal handling projects worth Rs 732 crore in Jharkhand, an official statement said on Monday.
A coal handling plant is a facility that is used to store, process and transport coal.
"Union Minister of State for Coal and Mines Satish Chandra Dubey yesterday laid the foundation stone of Karo Coal Handling Plant and Konar Coal Handling Plant in Bokaro and Kargali area of CCL (Central Coalfields Ltd)," the ministry statement said.
CCL is an arm of Coal India Ltd.
The two plants will be an important step towards first-mile rail connectivity under which arrangements will be made to take the coal produced from the mines to the nearest railway circuit. The coal will then be transported to thermal power plants and other consumers across the country.
Currently, coal from these mines is brought to the railway siding by road.
The capacity of these two projects is 7 million tonne per annum and 5 million tonne per annum.
The Konar plant is worth Rs 322 crore, while the cost of Karo coal handling plant is Rs 410 crore.
With the commencement of these projects, the current rake loading time will be reduced considerably which will speed up the dispatch of coal.
A coal handling plant is a facility that is used to store, process and transport coal.
"Union Minister of State for Coal and Mines Satish Chandra Dubey yesterday laid the foundation stone of Karo Coal Handling Plant and Konar Coal Handling Plant in Bokaro and Kargali area of CCL (Central Coalfields Ltd)," the ministry statement said.
CCL is an arm of Coal India Ltd.
The two plants will be an important step towards first-mile rail connectivity under which arrangements will be made to take the coal produced from the mines to the nearest railway circuit. The coal will then be transported to thermal power plants and other consumers across the country.
Currently, coal from these mines is brought to the railway siding by road.
The capacity of these two projects is 7 million tonne per annum and 5 million tonne per annum.
The Konar plant is worth Rs 322 crore, while the cost of Karo coal handling plant is Rs 410 crore.
With the commencement of these projects, the current rake loading time will be reduced considerably which will speed up the dispatch of coal.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.17 ( -6.43)
- 158804255
- G V Films
- 0.92 ( -2.13)
- 92620172
- Srestha Finvest
- 0.93 (+ 4.49)
- 40021818
- GTL Infrastructure
- 2.21 ( -4.74)
- 33334323
- Spicejet Ltd.
- 57.56 ( -8.33)
- 31426149
MORE NEWS
India & UAE to Set Up USD 2 Billion Food Corridor
India and the UAE will establish a food corridor with a USD 2 billion investment,...
CIL Coking Coal Auctions Gain Traction: Steel...
Coal India's coking coal auctions see increased participation from steel producers...
Suraksha Diagnostic IPO Gets Sebi Approval
Suraksha Diagnostic, an integrated diagnostic chain, has received Sebi's approval for...