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Get latest articles and stories on Business at LatestLY. Through this, the ministry aims to ramp up domestic coal production and a subsequent reduction in import dependency. Business News | Govt Aims to Engage Mining Developers Cum Operators (MDO) in Coal.
DBL-Siarmal Coal Mines Private Limited, wholly owned subsidiary of Dilip Buildcon Ltd has received the letter of appointed date from the Mahanadi Coalfields Limited and had declared January 02, 2023 as an appointed date.
The intent of engaging MDOs through open global tenders is to increase domestic coal output and reduce import dependency to extent possible.
Coal India Limited has issued letters of acceptance for seven coal projects to be pursued through engagement of Mine Developer and operators.
A total of 39 coal blocks worth Rs28,986 crore are being considered for monetization.