-4.55 (-1.08%) Strengthening its network of eco-friendly coal transportation, Coal India (CIL) has initiated 17 more first mile connectivity (FMC) projects under phase-III. At an estimated cost of Rs 11,000 crore these projects have been planned for a loading capacity of 317 million tonnes per annum (MTPA).
CIL is preparing a rollout plan to float tenders for the latest projects by FY 2025. Commissioning would be in two years thereon by FY 2027. These are in addition to existing 44 such projects that the company is actively pursuing under two phases.
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.