Coal India (CIL) is planning to infuse Rs 14,000 crore till FY25 in first-mile connectivity infrastructure in two phases. It has taken steps to upgrade the mechanised coal transportation and loading system under 'First Mile Connectivity' projects. In phase-I, 35 projects had been tendered out of which four projects of 30 MTPA have been commissioned. Total capacity involved in this is 414.5 MTPA. In phase-II, 14 projects with total capacity 100 MTPA will be taken up which will require an investment of Rs 3,500 crore.
Meanwhile, Coal India plans to clear 18 mining projects having a capacity of 144 million tonne to be approved in FY22. Out of this, two mining projects had been approved by CIL and its subsidiaries in the first quarter of FY22 with a rated capacity of 36 MTPA and sanctioned capital of Rs 3,389.95 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.
| Company Name | CMP |
|---|---|
| Coal India | 413.65 |
| NMDC | 85.24 |
| GMDC | 582.40 |
| Sandur Manganese | 205.65 |
| MOIL | 278.60 |
| View more.. | |
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