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Uttar pradeshManish singhChilh marketஉத்தர் பிரதேஷ்மனிஷ் சிங்

Coal India increases capex by 30% for current fiscal year to Rs 13,000 cr

Country’s national miner Coal India Limited (CIL) has decided to scale up its capital expenditure by an additional Rs 3,000 crore. This is the first time in its history that the mining giant has revised its capex upwards. The capex for this fiscal would stand at Rs 13,000 crore. The company said capex revision is in line with the Centre’s directive to public sector utilities (PSUs) to increase their capital expenditure in order to “stimulate economic activity.” CIL’s revised capex during the current financial year would make it one of the top spenders among the Indian PSUs, said a statement by the company.

India generalIndian psusEastern coalfieldsCoal india limitedCentral coalfieldsMahanadi coalfieldsSouth eastern coalfields limitedMahanadi coalfields limitedCoalfields limitedCoal indiaCoal india capexCapital expenditureஇந்தியா ஜநரல்கிழக்கு நிலக்கரி புலங்கள்நிலக்கரி இந்தியா வரையறுக்கப்பட்டவைமைய நிலக்கரி புலங்கள்

Coal India raises capex budget by 30% to Rs 13,000 crore for FY21

The major heads CIL has identified for capex are land acquisition, procurement of heavy earth moving machinery, upgrade of rail evacuation infrastructure and mine development.

India generalNew delhiIndian psusCoal india limitedCentral coalfields ltdMahanadi coalfields ltdSouth eastern coalfieldsCoalfields ltdCoal indiaState run minerCapex budgetஇந்தியா ஜநரல்புதியது டெல்ஹிநிலக்கரி இந்தியா வரையறுக்கப்பட்டவைமைய நிலக்கரி புலங்கள் லிமிடெட்மகாநதி நிலக்கரி புலங்கள் லிமிடெட்

Coal India: Coal exchange likely to start later this year, move aimed at setting up a mature coal trading market

Synopsis A senior government official said the move is aimed at setting up a mature coal trading market by the time the commercial coal mines become operational. Agencies The coal ministry has issued tenders seeking consultancy service in setting up the coal exchange. New Delhi: The government proposes to start a coal exchange later this year to trade coal mined from private commercial mines along with Coal India s spot auctions. A senior government official said the move is aimed at setting up a mature coal trading market by the time the commercial coal mines become operational. “In about 5-7 years, 40% of the coal is expected to be produced by companies other than Coal India (

New delhiCoal indiaCoal exchangeCoal trading indiaCoal mining indiaபுதியது டெல்ஹிநிலக்கரி இந்தியாநிலக்கரி பரிமாற்றம்நிலக்கரி வர்த்தக இந்தியாநிலக்கரி சுரங்க இந்தியா

Coal India: Next tranche of commercial mining auction to be launched this month: Coal Minister

Synopsis Presently, about 19 major approval or clearances are required before starting a coal mine in the country. In the absence of a unified platform for grant of clearances, the companies were required to approach different departments leading to delay in operationalisation of coal mines, Joshi said. PTI The demand for coal is projected to increase substantially over the next several decades. NEW DELHI: Coal Minister Pralhad Joshi on Monday said the next tranche of commercial mines auction will be launched this month and stressed that further rounds will continue thereafter. Speaking at the agreement signing ceremony for commercial coal mining and launch

Amit shahInternational energy agencyUs energy information administrationCoal minister pralhad joshiHome minister amit shahCoal ministerInformation administrationCoal indiaCoal minesPralhad joshiCommercial miningஅமித் ஷாநிலக்கரி அமைச்சர் பிரல்த் ஜோஷிவீடு அமைச்சர் அமித் ஷாநிலக்கரி அமைச்சர்நிலக்கரி இந்தியா