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Coal India's 54 mining projects facing delays

16 Aug 2019 Evaluate

Coal India’s 54 coal mining projects are facing delay due to various reasons such as contractual issues and delay in green clearances among others. A total of 120 coal projects costing Rs 20 crore and above are in different stages of implementation. Out of which 66 projects are on schedule and 54 projects are delayed.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers
Company Name CMP
Coal India 410.80
NMDC 71.88
Ashapura Minechem 484.90
Sandur Manganese 178.55
GMDC 479.80
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