Coal India has planned to operationalise 14 mines through the engagement of mine developer and operators (MDOs). Chairman and MD Pramod Agrawal informed that these mines have a combined capacity of 165.58 million tonne per annum and would contribute in sizable quantities towards production in the coming years. Of these, 10 are opencast projects with a total projected capacity of 161.50 million tonne per annum and four underground projects commanding a capacity of 4.08 million tonne a year.
A letter of acceptance has been issued to six successful bidders for these MDO projects, having a total capacity of 96.74 million tonne per annum. Tenders for seven more projects (five opencast and two underground) with a combined capacity of 58.84 million tonne per annum have been floated. Coal India has set a target of 700 million tonne production in the 2022-23 fiscal and proposed a capital expenditure of ₹16,500 crore.