Coal Ministry to invest 12,500 crore for 35 FMC projects

30 Mar 2022 CW Team

He said that scaling up domestic coal production should be a priority for all subsidiaries of Coal India Limited (CIL) to ensure a continuous supply of coal even during monsoon.

Two projects, including Dhoptala Open Cast Mine and foundation stone laying for the First Mile Connectivity project at Chandrapur in Maharashtra under the Western Coalfields Limited, will be inaugurated virtually.

Joshi said that the Ministry of Coal prioritises coal gasification projects and brings in private firms and the latest technology for coal gasification as a part of the Atmanirbhar Bharat mission.

The two projects have a combined investment of Rs 1190 crore. Dhoptala Open Cast Mine of Ballarpur Area will have a capacity of 2.50 million tonnes of coal per annum and involves a cost of Rs 720.87 crore. The open cast mine has a reserve of 53.11 million tonnes of coal and will be providing 795 employment opportunities directly, and the land area required for the project is 1,257.46 hectares.

The FMC project of the Wani Area will have a capacity of 8 million tonnes per annum (mtpa) and involves an investment of Rs.471 crore for different segments.

Some advantages of this project include an average reduction in coal road transportation by over 12 km, a substantial reduction in carbon and carbon dioxide emission and diesel consumption over conventional loading by tipper per payloader.

Minister of Road Transport and Highways, Nitin Gadkari, urged the Coal Ministry and CIL to avoid the present delay in obtaining land and approval from other departments for the new coal mines.

Minister of State for Coal, Mines and Railways, Raosaheb Patil Danve, called upon CIL and Western Coalfields Limited to attain the set targets of coal production for this financial year and smooth the supply of coal to the power sector.

Image Source

Also read: Coal India plans to complete 35 FMC projects by FY 2023-24

Minister of Coal, Mines, and Parliamentary Affairs, Pralhad Joshi, told the media that the government would invest Rs 12,500 crore for 35 First Mile Connectivity (FMC) projects completion on a priority basis. He said that scaling up domestic coal production should be a priority for all subsidiaries of Coal India Limited (CIL) to ensure a continuous supply of coal even during monsoon. Two projects, including Dhoptala Open Cast Mine and foundation stone laying for the First Mile Connectivity project at Chandrapur in Maharashtra under the Western Coalfields Limited, will be inaugurated virtually. Joshi said that the Ministry of Coal prioritises coal gasification projects and brings in private firms and the latest technology for coal gasification as a part of the Atmanirbhar Bharat mission. The two projects have a combined investment of Rs 1190 crore. Dhoptala Open Cast Mine of Ballarpur Area will have a capacity of 2.50 million tonnes of coal per annum and involves a cost of Rs 720.87 crore. The open cast mine has a reserve of 53.11 million tonnes of coal and will be providing 795 employment opportunities directly, and the land area required for the project is 1,257.46 hectares. The FMC project of the Wani Area will have a capacity of 8 million tonnes per annum (mtpa) and involves an investment of Rs.471 crore for different segments. Some advantages of this project include an average reduction in coal road transportation by over 12 km, a substantial reduction in carbon and carbon dioxide emission and diesel consumption over conventional loading by tipper per payloader. Minister of Road Transport and Highways, Nitin Gadkari, urged the Coal Ministry and CIL to avoid the present delay in obtaining land and approval from other departments for the new coal mines. Minister of State for Coal, Mines and Railways, Raosaheb Patil Danve, called upon CIL and Western Coalfields Limited to attain the set targets of coal production for this financial year and smooth the supply of coal to the power sector. Image Source Also read: Coal India plans to complete 35 FMC projects by FY 2023-24

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Infrastructure Urban

06 Nov 2025

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Infrastructure Transport

06 Nov 2025

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..