NEW DELHI: State-run Coal India Ltd (CIL) has approved 32 mining projects in the current financial year till January, which may see investment to the tune of around Rs 47,300 crore as the company seeks to replace imports and move towards its 1 billion tonne coal production target by 2023-34.
While 24 of the 32 are an expansion of the existing projects, the rest eight are new greenfield projects. “Scripting a record high…CIL approved 32 coal mining projects in the current fiscal till January 2021,” the PSU said. CIL board and boards of the respective subsidiary companies have given their nod for the move
