Delhi: State-owned CIL on Tuesday said that its capital expenditure increased by 7.6 per cent to Rs 10,492 crore in the first eight months of the ongoing financial year.
The public sector enterprise’s captital expenditure was Rs 9,751 crore in the year-ago period, Coal India Ltd (CIL) said in a BSE filing.
“CIL’s capital expenditure increased by Rs 741 crore in eight months ending November FY 2024 to Rs 10,492 crore,” the company said in a statement.
Coal India accounts for over 80 per cent of domestic coal output.
“We are striving to achieve around 80 per cent of the current financial year’s total targeted capex of Rs 16,500 crore by the third quarter ending December,” a senior executive of the company said.
