Coal India (CIL) is planning a capital expenditure of Rs 6,000 crore in the next fiscal. Moreover, an amount of around Rs 6,000 crore has been earmarked by CIL for railway and other infrastructure development for 2015-16. The announcement comes at a time when the company has a target to achieve an output of one billion tonnes by 2019-20. The company also unveiled its roadmap, of strategies to be adopted, to attain the one billion tonne coal production by 2019-20.
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.
Coal India is currently trading at Rs. 385.00, up by 2.30 points or 0.60% from its previous closing of Rs. 382.70 on the BSE.
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.
Coal India is currently trading at Rs. 385.00, up by 2.30 points or 0.60% from its previous closing of Rs. 382.70 on the BSE.
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