{"id":310117,"date":"2020-01-13T12:42:51","date_gmt":"2020-01-13T07:12:51","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310117"},"modified":"2020-01-13T12:42:51","modified_gmt":"2020-01-13T07:12:51","slug":"equipped-to-grow-coal-india-subsidiary-is-targetting-output-of-115-mt-by-fy-24","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/equipped-to-grow-coal-india-subsidiary-is-targetting-output-of-115-mt-by-fy-24\/","title":{"rendered":"Equipped to grow: Coal India subsidiary is targetting output of 115 MT by FY 24"},"content":{"rendered":"<p>Having joined the club of coalfields with an output in excess of 100 MT in the last fiscal, the Northern Coalfields Ltd (NCL) \u2013 a subsidiary of the Coal India Ltd (CIL)\u2014is looking to take its operations to the next level with deployment of about 60% of its FY20 capital expenditure of Rs 1,235 crore on purchase of new mining equipment that would boost efficiency and ensure higher volumes.<\/p>\n<p>With a coal production target of 106.3 MT in FY20, CIL\u2019s third largest coal producer would be spending around Rs 700 crore in the fiscal on large-size heavy earth moving machines (HEMMs) such as dumpers, hydraulic shovels and dozers, to significantly reduce the operational time for mining operations\u2014tenders are being finalised for the procurement at present. \u201cThe company will easily achieve the 106.3-MT production target for FY20,\u201d Prabhat Kumar Sinha, CMD, NCL, tells FE. Its output of 101.5 MT of coal in FY19 represented annual growth of 9.1%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Having joined the club of coalfields with an output in excess of 100 MT in the last fiscal, the Northern Coalfields Ltd (NCL) \u2013 a subsidiary of the Coal India Ltd (CIL)\u2014is looking to take its operations to the next level with deployment of about 60% of its FY20 capital expenditure of Rs 1,235 crore on purchase of new mining equipment that would boost efficiency and ensure higher volumes. With a coal production target of 106.3 MT in FY20, CIL\u2019s third largest coal producer would be spending around Rs 700 crore in the fiscal on large-size heavy earth moving machines [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[198,130,138],"tags":[],"class_list":["post-310117","post","type-post","status-publish","format-standard","hentry","category-coal-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=310117"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310117\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}