Coal India capex to be Rs 6,900 crore in Q4
KOLKATA: Coal IndiaNSE -0.90 % (CILNSE 6.00 %) will spend nearly Rs 6,900 crore in acquiring land, heavy mining machinery, wagons and on-mine development activities in the current quarter, said its chairman AK Jha.
The state-owned miner has budgeted a total investment of Rs 10,000 crore for this financial year, and it spent about Rs 3,100 crore in the first nine months of the fiscal. Till November 2019, it had invested about Rs 2,400 crore, and in December it spent another Rs 700 crore.
