Coal India to invest Rs 24,750 crore in 61 eco-friendly projects
National miner Coal India Ltd (CIL) on Tuesday said it would invest Rs 24,750 crore in capital expenditure (capex) to build 61 first-mile connectivity (FMC) projects to boost eco-friendly coal transportation.
Once completed, these projects – to be set up in three phases — would have a combined capacity of 765 million tonnes per annum (mtpa) of coal, the company said in a statement.
FMCs are considered eco-friendly, safer, and more efficient than using a truck to transport coal from mine to rail siding.
