Baku, Azerbaijan, Jan. 4
By Nigar Guliyeva - Trend:
Experts of the Chinese company China Railway Tunnel Group have launched an investment project to modernize Shargunkumir JSC, the press service of Uzbekistan Railways reported.
The investment project "Modernization of JSC Shargunkumir" provides for bringing the designed capacity of the company up to 900,000 tons of coal a year.
Within the framework of the project, the task is to clean up the old 10 mines with a total length of 1,500 meters, to drill 2,227 meters of the tunnel for the extraction of additional volumes of coal.
The total cost of the project is $105.5 million. The completion of the preparatory and improvement works, as well as the beginning of coal mining is planned for the first quarter of 2020.
New technologies will be introduced, in particular, the most advanced high-efficiency coal mining equipment is imported to Uzbekistan in this regard.
A new railway with a length of 20 kilometers is planned to be laid, while existing highways will be reconstructed.
Shargun is the richest deposit of coal reserves. According to calculations, its volume is more than 33 million tons of raw materials. It is the richest deposit in Uzbekistan.
The companies "Uzbekugol" and "Shargunkumir" were transferred to the balance of "Uzbekistan Railways by the presidential decree in 2017. The aim is to boost up the coal industry.