CCEA approvves Kakatiya Longwall Project of Singareni Collieries Company Limited

The Cabinet Committee on Economic Affairs today gave its approval to Kakatiya Longwall Project of Singareni Collieries Company Limited for a net capital requirement of Rs.453.63 crore and a total capital outlay of Rs.620.03 crore (excluding IDC of Rs.18.90 crore).

The CCEA has also gave its approval for flexibility in the implementation stage within the approved cost estimates to respond to improvements in technology and equipments which would result in improved profitability and productivity parameters.

The 2.747 Mty of coal produced would meet the demand of pit head power station of APGENCO and other units.

The Kakatiya Longwall Project is located in Warangal District of Andhra Pradesh and is well connected by road.

Source : Press Information Bureau

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