SCCL mining abroad soon

Coal-IndiaSCCL, the top mining firm in India has decided to offer its mining expertise in foreign countries and produce two million tonnes of coal while importing a million tonne annually. It will strike a deal shortly with three companies each from Australia, Indonesia, two companies each from Mozambique and Botsawana and one company each from America, South Africa and Namibia. Bids were also sent by those companies and the SCCL expert committee is studying their facilities and modalities. Singareni Collieries is likely to get 51 percent equity. Singareni has already made known to foreign mining companies about their expertise and willingness to work in their mines.

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