News Brief | January 2016
Coal India targets 280-mt extra evacuation capacity in 2017-18
As Coal India battles to meet the ambitious target of one-billion tonne of coal output by 2020, completion of three railway lines will come in handy, as it aims to boost evacuation capacity by 280 million tonnes.
A total stretch of 448.28 km of railway tracks is under construction in Chhattisgarh, Jharkhand and Odisha, which will help the company evacuate an additional 280 million tonne (mt) of coal by '17-18.
The first line in the East Corridor, covering a distance of 180 km, links Kharsia,Gharghoda and Dharamjaigarh up to the Korba minefields in the state with a spur from Gharghoda to Donga Mahua thereby linking the prized Gare-Pelma mines.
The project, jointly executed by the coal and railways ministries and the respective state governments under the special purpose vehicle (SPV) model will see an investment of Rs.8,615 crore, where the fossil fuel miner's share will be to the tune of Rs.4,000 crore.