CIL capex utilisation at Rs 5,023 crore in first half of FY21

NEW DELHI: State-owned Coal India NSE -1.33 % on Tuesday said its capital expenditure was at Rs 5,023 crore in the first six months of 2020-21 financial year. The capex utilisation in April-September was at an all-time high of 118 per cent in the first half of any fiscal, the PSU said in a statement.

“Coal India’s (CIL) capital expenditure at Rs 5,023 crore ending first half of the ongoing fiscal capped an all-time high of 118 per cent utilisation against the provisioned target of Rs 4,247 crore,” the PSU said in a statement.