The company has adopted an integrated model for its operations and further looking for both organic and inorganic expansion through association and acquisition. In mediumto long term HECB’s expansion plans includes:
MOU with Govt. of Chhattisgarh for commissioning of Steel cum Power plant project at an estimated cost of over Rs. 500 Cr.
Commissioning of two railway siding at Bilaspur and Raigarh
Commissioning of 50 MW thermal power plant at Korba
Further expansion in area of infrastructure creating own railway sidings, logistics facilities and road transportation
Expansion of coal washing operations
Acquisition of coal mining rights or steam coal mines in Indonesia
Timely completion of Mega real estate project Swarnbhumi at Raipur.
Diversification of business in other minerals besides coal
Cement plant with an initial capacity of 2000 TPA in Chattisgarh.
Invest in real estate development in affordable housing as well premium luxury housing segment.