Coal India’s subsidiary -- Northern Coalfields (NCL) is looking to pump in Rs 7,000 crore over the next four years to ramp up production capacity and boost infrastructure at various projects. Of this amount, an investment of about Rs 3,000 crore is planned for procurement of heavy earthmoving machines and another Rs 3,000 crore will be used for development of additional coal evacuation-related infrastructure. Around Rs 200 crore will be used in developing 50 MW solar power plant.
The company also has plans to enhance social infrastructure that includes building healthcare facilities, community halls and other welfare amenities for its employees and the local population.
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.
Company Name | CMP |
---|---|
Coal India | 495.70 |
NMDC | 263.55 |
GMDC | 402.75 |
Sandur Manganese | 548.40 |
MOIL | 497.20 |
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