Coal India to Invest Rs. 3300 Crore in New Coking Coal Washeries
Filing Summary
Coal India Limited (CIL) plans to establish eight new coking coal washeries with an estimated investment of Rs. 3300 crore. These facilities, expected to be operational by FY 2030, will have a combined capacity of 21.5 million tonnes per year. Additionally, CIL will invest Rs. 300 crore in upgrading existing washeries. The initiative aims to enhance domestic coking coal quality and reduce import dependence. CIL is collaborating with Tata Steel Limited to leverage washing capacity and technical expertise for the domestic steel sector.
Coal India Limited (CIL) has announced plans to set up eight new coking coal washeries with an estimated capital outlay of Rs. 3300 crore. These washeries are expected to be operational by FY 2030 and will have a combined washing capacity of 21.5 million tonnes per year. This development is part of CIL’s strategy to improve the quality of its coking coal.
The new washeries will be in addition to the ten existing facilities operated by CIL, which have a cumulative capacity of 18.35 million tonnes per year. The company will also invest Rs. 300 crore in the renovation and modernization of its current coking coal washeries to ensure optimal utilization. Five of the new washeries will be established under Central Coalfields Limited, contributing 14.5 million tonnes per year, while the remaining three will be under Bharat Coking Coal Limited, adding 7 million tonnes per year.
CIL’s expansion and modernization efforts aim to enhance the quality of domestic coking coal and reduce reliance on imports. The company has already monetized one coking coal washery in Bharat Coking Coal Limited and plans to monetize three older, non-operative washeries in line with the National Monetization Policy. Additionally, CIL is renovating two aging washeries to improve throughput, recovery efficiency, and process reliability.
In collaboration with Tata Steel Limited, CIL is leveraging washing capacity and technical expertise to enhance the supply of quality coking coal to the domestic steel sector. This partnership aims to substitute imported coking coal, reduce foreign exchange outgo, and increase industrial competitiveness.
Coal India Limited is a state-owned coal mining company and a Maharatna enterprise. It focuses on the production and sale of coal and coal products. The company is committed to enhancing its operational efficiency and expanding its infrastructure to meet the growing demand for coal in India.