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Coal India records all-time high capex of Rs 13,115 crore in FY21

09 Apr 2021 Evaluate

Coal India’s capital expenditure (capex) grew more than two-folds to hit an all-time high of Rs 13,115 crore in the just concluded fiscal against the capex of Rs 6,270 crore in FY'20, the company clocked 109 per cent growth amid the Covid slump. The company’s original sanctioned capex budget was Rs 10,000 crore for FY'21.

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 413.95
NMDC 72.86
Ashapura Minechem 489.10
Sandur Manganese 181.35
GMDC 477.10
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