{"id":451888,"date":"2021-11-25T11:47:53","date_gmt":"2021-11-25T06:17:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=451888"},"modified":"2021-11-25T11:48:42","modified_gmt":"2021-11-25T06:18:42","slug":"coal-india-aims-at-rs-40000-50000cr-capex-in-4-5-years-chairman","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-aims-at-rs-40000-50000cr-capex-in-4-5-years-chairman\/","title":{"rendered":"Coal India aims at Rs 40,000-50,000cr 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. The Rs 17,000-crore capex (capital expenditure) for the current fiscal is \u201con track\u201d, CIL chairman Pramod Agrawal told investors. He also acknowledged that price revision is \u201cinevitable\u201d and this may happen soon.<\/p>\n<p>\u201cWe 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,\u201d he said. 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 \u201con track\u201d, CIL chairman Pramod Agrawal told investors. He also acknowledged that price revision is \u201cinevitable\u201d and this may happen soon. \u201cWe 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,\u201d he said. Most of the incremental capex will go into coal production [&hellip;]<\/p>\n","protected":false},"author":39,"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-451888","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\/451888","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=451888"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451888\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=451888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=451888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=451888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}