CIL approves pre-feasibility report for aluminium project in Odisha
Published By : Prameya News Bureau | October 06, 2021 IST
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New Delhi, Oct 6: The government-owned coal mining and refining corporation Coal India Ltd (CIL) on Tuesday gave the approval of the pre-feasibility report for aluminium project in Odisha. In its regulatory filing, CIL mentioned, "CIL in its board meeting held on a date had accorded its in-principle approval to pre-feasibility report for setting up of integrated greenfield aluminium project in Odisha which shall include bauxite mining, alumina refinery, aluminium smelter and associated captive power plant by its wholly-owned subsidiary Mahanadi coalfields Limited," according to PTI. In addition, the Centre has also asked coal India to diversify its business in other possible areas including electric vehicles and charging pods. Recently the Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing the sale of coal or lignite, With this amendment, the Government has paved the way for releasing additional coal in the market by greater utilization of mining capacities of captive coal and lignite blocks, which were being only partly utilized owing to limited production of coal for meeting their captive needs.
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