Coal India’s subsidiary Central Coalfields Ltd plans to increase its annual capital expenditure to Rs 5,000 crore by 2030 while expanding its operations to increase coal output.
This is against a targetted Rs 2,100 crore in the current fiscal, which is set to be exceeded by Rs 900 crore.
CCL is aiming to register a growth of 26% in its coal production, taking it to 106 million tonne in the upcoming financial year 2024-25 from the current output of 84 million tonne. In FY26, the company will produce 135 million tonne of coal.
