Home / Companies / News / Coal India ups investment to Rs 15,700 cr to boost mechanised transport

Coal India ups investment to Rs 15,700 cr to boost mechanised transport

Plan encompasses 14 additional projects from its earlier count of 35

Coal India likely to auction 30 million tonnes of coal in Jan-Mar quarter

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Of the 14 projects in the phase II, CCL accounts for five with 62.5 million tonnes per annum capacity

2 min read Last Updated : Jun 30 2020 | 2:34 AM IST

Coal India (CIL) has identified 14 additional first-mile connectivity (FMC) projects where it will invest Rs 3,400 crore more in the second phase to boost mechanised transport and loading. This will take its total investment in the project to Rs 15,700 crore.

The state-owned miner transports 151 million tonnes (mt) of coal through mechanised system and loads through coal-handling plants (CHPs) and silos from 19 projects, which will now be increased to 557 mt by 2023-24 through projects in phase 1. The projects under phase II will start contributing once the formalities of finalisation are over.

Under the phase I, the state-owned

Topics : Coal India CIL Central Coalfields

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