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Bharat Coking to invest 1200 crore

Rajvir Khanna 9 May 2008

Coal India subsidiary Bharat Coking Coal Ltd (BCCL), which operates mines in Jharkhand and West Bengal, will invest Rs 1200 crore. The company plans to spend the amount on buying equipment used in all our operative mines across the two states, as part of its revival strategy.

BCCL has set a target of producing 26.5 million tonnes (MT) of coking coal in the current financial year and will further increase the production volume to 30 MT by 2011-12.

The state-run company has 66 operative mines of which 36 are underground mines, 12 opencast and 18 mixed mines. These coal mines are in the two eastern states of West Bengal and Jharkhand, with a workforce of over 80,000 people.

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