Public Sector Unit News

ECL Reinforces Revenue Framework with New Escrow Deal

  • February 9, 2026
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To strengthen its Mine Developer and Operator (MDO) framework, Eastern Coalfields Limited (ECL) strengthened its Chinakuri Underground (UG) Mine by signing a tripartite escrow account agreement with Innovative Mining Projects Pvt. Ltd. (IMPPL) and the State Bank of India (SBI). Seated at ECL’s Sanctoria headquarters, the signing signifies the company’s ongoing commitment to enhancing financial […]