Coal revival drive: ECL reopens two closed mines under MDO model; aims to cut losses and lift output
Eastern Coalfields Ltd (ECL) has reopened two previously closed mines, Gopinathpur and Chinakuri, under the Mine Developer and Operator (MDO) revenue-sharing model. This strategic move aims to revive loss-making assets and enhance operational efficiency. The initiative is expected to boost coal output and attract private investment, marking a significant step in ECL's restructuring efforts.
Eastern Coalfields Ltd (ECL) has reopened two previously closed mines, Gopinathpur and Chinakuri, under the Mine Developer and Operator (MDO) revenue-sharing model. This strategic move aims to revive loss-making assets and enhance operational efficiency. The initiative is expected to boost coal output and attract private investment, marking a significant step in ECL's restructuring efforts.
