Tata Power, India intends to invest 750 million in the development of the Krutogorovskoye coal deposit in Kamchatka.
Far Eastern Natural Resources LLC, Tata Power daughter company, won a license to develop the deposit in December 2017.
The first stage will be carried out until September 2020. Investments will reach 420 million rubles ($6.6 million).
Tata Power intends to mine at least 8 million tons of coal per year.
Commission is scheduled for 2024. (Ukrainian metal)