PM Modi to Inaugurate Rs 1,393 Crore Coalfield Projects in Madhya Pradesh
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siliconindia | Wednesday, 28 February 2024, 09:15 Hrs
Prime Minister Narendra Modi is set to inaugurate two crucial first-mile connectivity projects of Northern Coalfields Limited (NCL) in Madhya Pradesh, collectively valued at Rs 1,393.69 crore. The inauguration, scheduled for Thursday, is part of an initiative by the Coal Ministry to expedite the evacuation of coal in an environmentally friendly manner.
The two projects, led by Coal India Ltd's subsidiary NCL, are expected to revolutionize the mechanized evacuation of coal from mines, ultimately leading to a reduction in carbon emissions. The notable projects to be unveiled are the Jayant OCP CHP-SILO and the Dudhichua OCP CHP-SILO.
The Jayant OCP CHP-SILO, boasting a robust capacity of 15 Million Tonnes Per Annum (MTPA), has been developed with a substantial investment of Rs 723.50 crore. Similarly, the Dudhichua OCP CHP-SILO, featuring a capacity of 10 MTPA, has been constructed with an investment of Rs 670.19 crore, according to an official statement.
These initiatives mark a significant step towards enhancing efficiency and sustainability in the coal evacuation processes. By leveraging mechanization, these projects aim to reduce both transportation time and costs, contributing to an overall boost in productivity and profitability.
Furthermore, the optimization of logistics and the minimization of carbon emissions align with a broader environmental agenda. The projects are designed to promote a greener and more environmentally conscious approach to the dispatch of quality coal and its distribution. The efficient evacuation processes are expected to usher in a new era of responsible coal management, addressing concerns related to both economic and environmental aspects.
The investments made in these projects reflect the government's commitment to modernizing the coal sector and aligning it with contemporary environmental standards. The inauguration of these first-mile connectivity projects underlines India's dedication to sustainable development and environmentally friendly practices in its coal industry.
