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Article: ICVL not keen to revive old coal mines in New South Wales.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 2, 2008
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ICVL not keen to revive old coal mines in New South Wales
New Delhi, Dec 2 (PTI) International Coal Ventures Ltd, a special purpose vehicle of the country's leading PSUs SAIL, RINL, NMDC, CIL and NTPC to scout coal properties abroad, is unlikely to undertake the revival of seven abandoned coal mines offered in New South Wales, Australia.
"Most of the thermal coal mines there are abandoned, derelict, and underground. The revival of such mines may prove a costly proposition and so we are not inclined to go for them," an official source close to the development said.
In June 2008, New South Wales had sent a list of seven non-functioning mines ...