Project News Details
Title:
CIL's subsidiary Western Coalfields bids for 2 coal blocks in 11th tranche of auction
Detail:
Western Coalfields Ltd, a Coal India subsidiary, bids for two non-coking coal blocks in Maharashtra, marking its first participation in commercial coal block auctions. Winning these blocks could optimize operations with minimal capex. The company's 2025 production is expected to be flat at 69 million tonnes, facing challenges like high stripping ratios and limited reserves.
Country:
Source:
ET Energy World
Published Date:
23.02.2025
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