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India’s SCCL firms up capex to spread operational hinterland

By:  
Creamer Media Correspondent
 
COAL
India’s Singareni Collieries Company Limited (SCCL) has drawn up plans for $1.40-billion capital expenditure over the next five years to extend its footprint beyond its traditional mining operations around the southern state of Telengana. The plan includes securing at least seven coal blocks in other states and ramping up its total coal production to 85-million tons a year by 2023, from 62-million tons a year at present.
 
 
 
 
 

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