State-owned Coal India Ltd (CIL) on Monday said its board has approved 32 coal mining projects in the current financial year (till January), indicating an incremental capital of around ₹47,300 crore.
While 24 of the 32 projects are expansion of the existing ones, the remaining are greenfield (new) units, CIL said in a statement.
“Scripting a record high…CIL has approved 32 coal mining projects in the current fiscal till January 2021,” the PSU said.
The combined incremental peak capacity of these projects is projected at 193 million tonnes per annum (mtpa). This will be in addition to the already sanctioned capacity of 303.5 mtpa.