Coal India to invest in conveyor belts
10,000 crore investment in conveyor belts to transport coal directly from mines in a cheaper and cleaner way without using trucks.
Besides reducing accidents and increasing the turnaround time for coal supply as conveyors can function throughout the day. It will also cut down theft as well as diversion of coal and help maintain quality.
CIL is in talks with Hindalco, Vedanta, Balco and Jindal Group, among others, for setting up such infrastructure at coal mines. The executive cited earlier said that Maharashtra government-owned Mahagenco, a large power producer, is in the process of setting up a conveyor system in Nagpur area.
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