Coal India Ltd.

Coal India (CIL) has planned to produce 482.00 MT in 2012-13 and has envisaged producing 615 MT in the terminal year of XII Plan (2016-17). A capital outlay of Rs 5,000 crore for its domestic activities and an ad-hoc provision of Rs 4,000 crore for acquisition of assets abroad and development of coal blocks in Mozambique in 2013-14 has been envisaged.

Besides, CIL has envisaged investing Rs 25,400 crore during XII Plan (2012-17) for its domestic activities out of which, about Rs 7,500 crore has been planned to invest in Rail Infrastructure Projects. An additional ad-hoc provision of Rs 35,000 crore; Rs 25,000 crore for acquisition of coal assets abroad and Rs 10,000 crore for development of coal blocks in Mozambique has been kept during XII Plan (2012-17).

Further, the company has a policy to fund its Corporate Social Responsibility (CSR) activities based on 5% of retained earnings of previous year subject to Rs 5 per tonne of coal production of previous year. Out of above, 4% would be allowed for CSR activities to be carried out within the radius of 15 km of the project site and balance 1% would be allocated for carrying out CSR activities by subsidiary companies in the states in which the subsidiary company belongs.  A portion of the profit is also invested in its R&D activities.