Coal India Subsidiary Western Coalfields Ltd (WCL) opened 3 new coal mines in Maharashtra and Madhya Pradesh today having combined annual production capacity of 29 Lakh tonnes. The company will infuse total capital expenditure (Capex) of Rs. 849 crores on these projects and generate direct employment for 647 persons.
WCL has to produce 7,50 crore Tonnes of coal by financial year 2023-24. Opening of these mines will certainly add in the efforts of the company reaching this milestone and also help Coal India achieve 100 crore tonnes coal production target by financial year 2023-24.
The three mines which WCL has opened are
- Adasa Mine, an underground to open cast mine, in Nagpur Area of Maharashtra, coal production capacity is 15 Lakh Tonnes
- Sharda underground Mine in Kanhan Area, coal production capacity 4 Lakh Tonnes
- Dhankasa underground mine in Pench Area of Madhya Pradesh, coal production capacity 10 Lakh Tonnes
“Opening of these 3 Mines is a part of WCL’s future plan to start 20 new Projects by financial year 2023-24 including 14 in Maharashtra and 6 in Madhya Pradesh. The company will make total capital expenditure of Rs. 12,753 crores on these projects and generate direct employment of over 14,000” Union Minister of Coal and Mines Pralhad Joshi said.
WCL had produced 5.76 Crore Tonnes of Coal in financial year 2019-20, up over 8% in comparison to the last fiscal.