Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
423.15
4.00 (0.95%)
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Coal India engages IPRCL to execute rail infrastructure works

Date: 09-03-2020

Coal India (CIL) has engaged Indian Port Rail Corporation (IPRCL) to execute its rail infrastructure works, construction of additional sidings, and connectivity with the railway main lines. A Memorandum of Understanding was signed between the two entities on March 05, 2020.

The move will also help CIL's first-mile connectivity with mines. 'First-mile connectivity' is transportation of coal from pithead to despatch point. This will be implemented in 35 of CIL’s coal projects each having production a capacity of 4 million tonnes per annum. Infrastructure upgrade at these 35 projects necessitates construction of railway lines.

The scope of work of IPRCL includes preparation of the feasibility study report, detailed project report and its approval from railways, project management consultancy, execution of work, operation and maintenance of siding.

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.