Coal India Ltd.

Coal India’s arm -- Western Coalfields (WCL) -- has finalised a capital investment plan of Rs 6,280 crore till 2019-20 in a phased manner. Of total, the company will invest Rs 3,486 crore on land acquisition, while Rs 2,032 crore will be invested on installation of plant and machinery. The company has also marked another Rs 242 crore for exploration.

Moreover, the company will spend about Rs 850 crore on land acquisition during the current fiscal for opening new mines and Rs 350 crore on plant and machinery this year.

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.