Coal India is likely to spend Rs 25,400 crore during 2012-17 on its projects. Other than that, it will also invest around Rs 25,000 crore for acquisition of coal assets abroad and Rs 10,000 crore for development of coal blocks in Mozambique. The company will acquire heavy mining equipment at a cost of about Rs 8,500 crore.
State-run firm also plans to invest Rs 7,045 crore in three major railway infrastructure facilities which are needed for transportation of coal from three coalfields.
