CIL’s capex for April-December rises 37% YoY to Rs 10,717 crore
State-owned CIL on Wednesday said it has incurred a capex of Rs 10,717 crore in the April-December period of the ongoing fiscal, registering a 37.4 per cent year-on-year growth.
The capex of Coal India Ltd (CIL) during April-December period of the last fiscal was at Rs 7,801 crore, according to a company statement.
CIL’s capex spend during the referred period marks 86.3 per cent of the progressive target achievement.
The capex scale up comes at a time when the Centre has been exhorting the public sector entities to step up their annual capex, the company said.
