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China to offer financial support to improve coal mine safety - NDRC

Coal News - Published on Mon, 19 Nov 2018

Image Source: steelguru.com
Reuters reported that National Development and Reform Commission (NDRC) said that China will offer financial support to improve safety at coal mines in 2019-2020. The NDRC did not give the total amount of money it will put into the improvements, which are to include equipment upgrade and infrastructure construction. Money will only be given to new projects that have not finished being built or to projects that have not finished safety renovations.

NDRC said that coal mines facing a tough financial situation or actively enforcing capacity cuts will be given more financial support

That comes after several fatal accidents at coal mine in the country.

Source :

Posted By : Nanda Koijam on Mon, 19 Nov 2018
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