Singareni Collieries to Develop $690 Million in Mining Projects in Southern India

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Researched by Industrial Info India (Delhi, India)--Singareni Collieries Company Limited (SCCL) (Hyderabad, Andhra Pradesh), which is India's public-sector coal-mining company, has proposed an investment of $690 million to expand its coal-mining assets in Southern India. SCCL's mining assets are spread across the Godavari Valley coalfield, which is the only repository of coal in South India.

The company has set aside the major chunk of the investment, about 55%, to expand its underground mining assets, while the remaining 45% has been earmarked for the development of the aboveground, open-cast mines.

According to SCCL sources, the company currently realizes about 80% of its production target from open-cast mines. On completion of these proposed expansion projects, production from underground mines will see a multifold increase. The capacity expansion intends to meet the increasing demand of coal, particularly from the power and steel industries.

SCCL is 51:49 joint venture between the state government of Andhra Pradesh and the government of India, respectively. SCCL currently operates 13 open-cast and 42 underground mines, located in four districts of Andhra Pradesh. SCCL's coal reserves stretch across 350 kilometers in the Godavari Valley of Andhra Pradesh, which is estimated to have a geological reserve of about 22.02 billion tons. To meet the burgeoning demand of coal in the country, SCCL has set a target to increase its production capacity 10% annually over the next five years.

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