TBEA to invest RMB160 million to build coal logistic and storage base in Xinjiang
2021-11-22 11:49:34 [Print]
TBEA announced on November 19 that its holding subsidiary Tianchi Energy plans to build the coal logistic and storage base (Phase I project) in Tashidian, Bayingolin Mongol Autonomous Prefecture, Xinjiang with total investment of nearly RMB160 million (USD25
. 06 million) in order to promote the subsidiary's sales of coal in the south of Xinjiang . The project will construct coal storage system, power supply system and plant-related infrastructure . Upon completion, the base would have a static-state storage capacity of 200,000t of coal and a maximum annual storage and transportation capacity of 2 . 4 million tons.