Coal India Invest Rs 56,000 Crore Into 66 Projects
Coal India has solidified designs to spend Rs 56,000 crore on 66 coal ventures with a yearly pinnacle generation limit of 500 million tons.
The undertakings are at different phases of usage and as indicated by an update of understanding marked between Coal India and the service of coal over the state-run organization's financial 2020 targets, practically 55% of the complete capital expense would be attempted by South Eastern Coalfields (SECL) which is chipping away at 23 activities with an absolute pinnacle generation limit of 192 million tons. SECL is the biggest coal creating backup of Coal India, contributing right around a fourth of the all out generation at 157 million tons in 2018-19. The endorsed capital for ventures attempted by SECL is around Rs 30,783 crore.
Mahanadi Coalfields is at present dealing with 11 undertakings with a pinnacle creation limit of around 156 million tons, involving speculation of Rs 8,519 crore. It was the second biggest supporter of Coal India's generation a year ago. Western Coalfields is taking a shot at 15 activities with an absolute pinnacle appraised limit of around 35 million tons and would contribute Rs 5,949 crore.