India’s Singareni Collieries Company Limited (SCCL) has firmed up capital expenditure (capex) of $423-million for 2020/21 and increased its coal production target to 67.5-million tons, up from the targeted 66-million tons of the current financial year. The SCCL board last week approved the spending plans and this was followed up by the signing of a memorandum of understanding (MoU) with the government of the southern state of Telengana setting out the coal production target for the coming financial year.
