Coal India to invest over Rs 1.22 tn on 500 projects by 2024: Pralhad Joshi

With an aim to achieve 1 billion tonnes (BT) coal production by the year 2023-24 and make the nation Aatmanirbhar in coal, National Miner Coal India Ltd (CIL) will invest over Rs 1.22 lakh crores on about 500 projects related to coal evacuation, infrastructure, project development, exploration and clean coal technologies, said Union Minister of Coal and Minster Pralhad Joshi on Tuesday.

Addressing a Stakeholders Meet organised by CIL through video conferencing, he said: “Engagement and involvement of all concerned stakeholders in company’s affairs will reduce and uncover the project risks. Such two-way interactions help pave way for mutually beneficial newer ideas, improvement areas and project-related expectations.”