Everything Mining Industry Country Focus How to Guide
Intelligence on industry and mining

CIL lines up capex for renewed thrust on developing CBM assets

Creamer Media Correspondent
Seizing an opportunity offered by recently relaxed rules, State-run miner Coal India Limited (CIL) has lined up a corpus of around $422-million to kick-start its sputtering coalbed methane (CBM) projects. The renewed thrust of getting the CBM projects off the ground would be initiated by Bharat Coking Coal, a wholly owned operational subsidiary of CIL, which would be taking up developing gas projects at its existing coal blocks with estimated reserves of around 25-billion cubic meters.

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register