Coal India's seven projects to be developed by MDOs

16 Dec 2022 CW Team

The state-owned CIL has given instructions for the development of seven coal projects by mine developers and operators (MDOs).

The goal of engaging MDOs through open worldwide auctions is to enhance domestic coal output and, to the greatest extent possible, minimise dependency on imports.

"Coal India (CIL) has issued letters of acceptance for seven coal projects to be pursued through the engagement of Mine Developer and Operators," the Maharatna firm said in a statement.

Three of these seven projects are owned by Central Coalfields (CCL), a subsidiary of CIL, and two are owned by Mahanadi Coalfields (MCL), another subsidiary of CIL.

South Eastern Coalfields and Eastern Coalfields each have a single project.

The coal behemoth is tracking 15 new coal projects that will mine coal using MDOs. CIL will invest Rs 206 billion in land acquisition, rehabilitation, and resettlement, as well as railway sidings in select cases.

The function of MDOs would be to excavate, extract and deliver coal to the firms in accordance with the approved mining plan. CIL is the sole owner of the mines and coal.

Sale of coal would be done by CIL. MDOs would bring to the table technology infusion, the bulk of the capex investment, economic viability and efficiency in operations for increased production.

Also Read
India to fire up nuclear power production in the green shift
Indian state-run power companies close to buying Lanco asset

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..