Running behind schedule: 54 mining projects of Coal India facing delays

New Delhi: State-owned Coal India’s 54 mining projects are running behind schedule mainly on account of delays in obtaining green nod and issues related to rehabilitation and resettlement. The development assumes significance against the backdrop of Coal India NSE 0.28 % (CIL NSE -3.25 %) eyeing production of 1 billion tonnes by 2023-24.

In its recent report, CIL said that “123 coal projects costing Rs 20 crore and above are in different stages of implementation out of which 69 projects are on schedule and 54 projects are delayed.”