Coal India Ltd.

Coal India (CIL), the world’s largest coal miner by output, has entered into Memorandum of Understanding (MoU) with Ministry of Railways for investing Rs 5000 crore for the procurement of 2,000 wagons to meet its rising transportation needs. The move came as the production of CIL has grown by 8.8% during April-November 2015 and it’s aiming to achieve its target of producing 1 billion tonnes of coal by 2020.

Under this strategic partnership, the wagons will be procured by Indian railways on behalf of Coal India, the maintenance of these wagons will be done by railways at its own cost. Also, the brake vans will be provided by railways itself. These wagons will be high-capacity wagons of 25-tonne axle load with additional payload of 8 to 10 tonnes over the conventional wagons.

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.