{"id":451768,"date":"2021-11-25T08:48:57","date_gmt":"2021-11-25T03:18:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=451768"},"modified":"2021-11-25T10:35:42","modified_gmt":"2021-11-25T05:05:42","slug":"coal-india-aims-at-rs-40000-50000-cr-capex-in-4-5-years-chairman","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-aims-at-rs-40000-50000-cr-capex-in-4-5-years-chairman\/","title":{"rendered":"Coal India aims at Rs 40,000-50,000 cr capex in 4-5 years: Chairman"},"content":{"rendered":"<p>Coal India Ltd on Wednesday said the company is aiming at investing Rs 40,000-50,000 crore as capital expenditure in the next 4-5 years. <\/p>\n<p>The Rs 17,000-crore capex (capital expenditure) for the current fiscal is &#8220;on track&#8221;, CIL chairman Pramod Agrawal told investors. <\/p>\n<p>He also acknowledged that price revision is &#8220;inevitable&#8221; and this may happen soon. <\/p>\n<p>&#8220;We have spent Rs 7,000 crore capex so far and our Rs 17,000-crore target for the current fiscal is on track. We will invest around Rs 40,000-50,000 crore in the next 4-5 years, he said. <\/p>\n<p>Most of the incremental capex will go into coal production and evacuation, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coal India Ltd on Wednesday said the company is aiming at investing Rs 40,000-50,000 crore as capital expenditure in the next 4-5 years. The Rs 17,000-crore capex (capital expenditure) for the current fiscal is &#8220;on track&#8221;, CIL chairman Pramod Agrawal told investors. He also acknowledged that price revision is &#8220;inevitable&#8221; and this may happen soon. &#8220;We have spent Rs 7,000 crore capex so far and our Rs 17,000-crore target for the current fiscal is on track. We will invest around Rs 40,000-50,000 crore in the next 4-5 years, he said. Most of the incremental capex will go into coal production [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-451768","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451768","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=451768"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451768\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=451768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=451768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=451768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}