Central Coalfields eyes Rs 5,000-cr annual capex by 2030; Coal production target FY25 set at 106 million tonne

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.