September 08, 2008

CIL to set up 28 coal washeries

It is reported that Coal India Limited is planning to invest INR 1,500 crore to set up 28 washeries in its subsidiaries during the 11th Plan period.

Mr PS. Bhattacharyya chairman of CIL told that "CIL has decided to set up 28 washeries in the first phase, which together will have a capacity of 97 million tonnes. It would require an investment of INR 1,500 crore.”

The washeries will be built and maintained by the companies for a charge.

CIL has already sent bid documents to subsidiaries which were in the process of identifying locations for setting up the washeries. Tenders inviting bids for setting up these washieries will be floated within 6 to 8 months and contracts will be awarded within 2008-09.