Coal India on Tuesday said it is planning investments aggregating to Rs 14,000 crore towards the second and third phase of the first mile connectivity (FMC) projects.
These projects involve transportation of coal in mechanised piped conveyors from production point to coal handling plants/silos with a rapid loading system where coal is directly loaded onto rail wagons.
The second and third phases include 9 and 17 projects respectively. While their respective evacuation capacities are 57 MTPA (million tonnes per annum) and 292 MTPA, the investments would be about Rs 2,500 crore and Rs 11,500 crore, respectively.
