Coal India Ltd (CIL) has lined up massive plans to ramp up its mining capacity, while also roping in the private players in a big way as mine development operators (MDOs). The state-run miner, which reported elevated capex consistently over the last several years, will keep the pace in the coming years as well, with greater focus on coal transportation infrastructure that will help cut costs and improve margins. The capex plan is in sync with the government’s strategy to slash import reliance for the fuel and limit inward shipments of the fuel to only those fuel varieties that aren’t domestically available. Chairman and managing director P M Prasad,
