PM Modi to inaugurate 2 Coal India projects worth Rs 1,400 cr on Thursday

Owned by Coal India arm Norther Coalfields Ltd (NCL), the projects located in Madhya Pradesh will enhance coal supply and quality in an eco-friendly way, the coal ministry said in a statement

Narendra Modi, Modi
Photo: X @ANI
Press Trust of India New Delhi
1 min read Last Updated : Feb 28 2024 | 2:45 PM IST

Prime Minister Narendra Modi will on Thursday inaugurate Coal India's two first-mile connectivity projects worth Rs 1,393.69 crore, according to an official statement.

The first mile connectivity (FMC) projects are expected to reduce the state-owned coal producer's dependence on road traffic for transportation of the dry fuel.

Owned by Coal India arm Norther Coalfields Ltd (NCL), the projects located in Madhya Pradesh will enhance coal supply and quality in an eco-friendly way, the coal ministry said in a statement.

Prime Minister Narendra Modi will inaugurate two significant FMC projects virtually on February 29. These projects are valued at Rs 1,393.69 crore, the ministry said.

"The projects to be unveiled are the Jayant OCP CHP-SILO and the Dudhichua OCP CHP-SILO. The Jayant OCP CHP-SILO has a capacity of 15 million tonnes per annum (MTPA) and has been developed with an investment of Rs 723.50 crore.

"Similarly, the Dudhichua OCP CHP-SILO, with a capacity of 10 million tonnes per annum (MTPA), has been constructed with an investment of Rs 670.19 crore," it said.

These projects will reduce coal transportation time as well as production costs and help in reducing traffic congestion, accidents, and environmental impact, it added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Narendra Modicoal industryCoal India LimitedCoal production

First Published: Feb 28 2024 | 2:45 PM IST

Next Story