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Coal India revises up FY21 capex by 30% to Rs 13,000 crore

15 Jan 2021 Evaluate

Coal India (CIL) has scaled up its capital expenditure (capex) budget for the ongoing fiscal by an additional Rs 3,000 crore, revising it to Rs 13,000 crore. The increase in capex comes at a time when the government has directed central public sector undertakings (PSUs) to step up their capex to stimulate economic activity. This represents 30 per cent jump over company’s original capex target of Rs 10,000 crore for 2020-21.

Of the additional Rs 3,000 crore capex budget, South Eastern Coalfields, the largest coal producing subsidiary of CIL, accounts for Rs 800 crore, followed by CIL headquarters with Rs 585 crore and Mahanadi Coalfields with Rs 550 crore.

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.

Coal India Share Price

438.70 3.95 (0.91%)
02-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 85.61
GMDC 609.70
Sandur Manganese 207.05
MOIL 277.25
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