Coal India to invest US$ 357.0 million in 8 coking coal washeries, US$ 32.5 million for upgrades
- IBEF
- March 30, 2026
Coal India Limited has announced that it will be investing about Rs. 3,300 crore (US$ 357.0 million) for developing eight new coking coal washeries. This move is in line with enhancing the quality of coal used in India and reducing dependency on imported coal. Apart from this, the company will be investing about Rs. 300 crore (US$ 32.5 million) for renovating and modernizing its existing washeries. These new facilities will add a total of 21.5 million tonnes of washing capacity each year and are likely to be operational by FY30. This is a significant move by Coal India, given its existing network of washeries.
This initiative forms part of a larger plan to enhance the country’s indigenous processing facilities for domestic coal, to support key sectors like steel manufacturing, where coking coal forms a vital raw material. Coking coal available domestically in India possesses high ash content, which needs to be washed to make the raw material industrially viable. Coal India Limited seeks to enhance the washing capacity to ensure better quality in the raw material, thus reducing the need to import coking coal, which in turn would reduce forex outflows. The company also seeks to work with key players to ensure better processing capacity to make the supply more dependable.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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