Kolkata: Coal India\u2019s (CIL) capital expenditure (capex) at Rs 5,023 crore in the first half of the ongoing fiscal capped an all-time high of 118% utilisation against the provisioned target of Rs 4,247 crore.
\n\u201cThis is a historic high in capex utilisation as CIL has not exceeded 30% target utilisation in the first half of a fiscal so far. The previous three-year-average of H1 capex utilisation has been around 20%,\u201d said a senior official of the company.
\nCIL during April-September\u201920 clocked a capex growth of 242% compared to same period last year. The actual capital expenditure of Rs 5,023 crore in the H1 was up by Rs 3,556 crore against Rs1,467 crore in April-September,19. Actual capex ending Q2 of the current fiscal at Rs 4,179 crore was up by Rs3,165 crore compared to Rs. 1,014 crore same quarter last year logging a 312% growth.
\nAccording to officials, in the Q2 as well CIL achieved 118% utilisation breaching the provisioned target of Rs 3,527 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kolkata: Coal India\u2019s (CIL) capital expenditure (capex) at Rs 5,023 crore in the first half of the ongoing fiscal capped an all-time high of 118% utilisation against the provisioned target of Rs 4,247 crore. \u201cThis is a historic high in capex utilisation as CIL has not exceeded 30% target utilisation in the first half of a fiscal so far. The previous three-year-average of H1 capex utilisation has been around 20%,\u201d said a senior official of the company. CIL during April-September\u201920 clocked a capex growth of 242% compared to same period last year. The actual capital expenditure of Rs 5,023 crore […]<\/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":[222,130,137],"tags":[],"class_list":["post-377162","post","type-post","status-publish","format-standard","hentry","category-coal-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377162","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=377162"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377162\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=377162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=377162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=377162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}