Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
422.70
4.15 (0.99%)
< Home < Back

Coal India aiming at Rs 40,000-50,000 crore capex in 4-5 years

Date: 25-11-2021

Coal India is aiming at investing Rs 40,000-50,000 crore as capital expenditure (capex) in the next 4-5 years. The Company has spent Rs 7,000 crore capex so far and its Rs 17,000-crore target for the current fiscal is on track.  Most of the incremental capex will go into coal production and evacuation.

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.