P M Prasad, Chairman and Managing Director of CIL-arm Central Coalfields Ltd (CCL), asserts that by 2025–2026, Coal India Ltd (CIL) will invest 91,000 crore in a range of projects, including mine development and diversification.
Prasad claims that 46,000 crore will be spent on MDOs (mine developers and operators) and other contracts, while 36,000 crore will be used for coal gasification projects. The remaining money will go towards a number of projects.
With a combined project-rated capacity (PRC) of 168.58 million tonnes (MT) annually, CIL has already identified fifteen greenfield projects for development using the MDO mode. Nine of these fifteen projects have Letters of Award (LOA), and MDOs will execute them.
A total of 127 MT of production can be produced by these nine projects.
