PSU NEWS
MCL may open two greenfield mines by 2018
Bhubaneswar . Mahanadi Coalfields Ltd (MCL), the largest coal producing subsidiary of Coal India Ltd (CIL) is aiming to open two new greenfield coal mines by 2018 as it gears up to reach the targeted production of 250 million tonne (mt) by 2020.
CIL's output is expected to touch one billion tonne by 2020 with MCL contributing a fourth to this envisaged production.
"We are looking to open some key mines- we intend to open two new mines, Siarmal and Garjanbahal in the next two years. Steps are being taken to overcome all hurdles at the ground level and ramp up production", said an MCL source.
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