National miner, Coal India limited (CIL), said it has approved 32 new coal mining projects in the ongoing financial year with an estimated cost of Rs 47,000 crore.
Of the 32, twenty-four are expansion of existing projects and the remaining eight are greenfield. 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, said the company.
The incremental production by FY’24 from the approved 32 expansion and the new greenfield projects would be to the tune of around 81 MTPA.
CIL said this is a record capacity addition in its history. “Such high number, either in terms of projects or capacity addition, has not been cleared in a single financial year so far” said a senior official of the company.
