Coal India's capital expenditure increases 33% to Rs 7,027 crore in April-September quarter
India Infoline News Service |
10 Nov, 2022 |
Compared to the same period last year, Coal India Ltd. said on Wednesday that its capital expenditure increased 33% to Rs 7,027 crore in April-September FY23.
The company's CAPEX for the prior fiscal year totaled Rs 5,300 crore. The construction of coal handling plants (CHP)/silos and railway lines together accounted for 36%, or Rs 2,547 crore, of the total expenditure during the reviewed period, according to a statement from CIL. More than 80% of domestic coal production is attributed to Coal India.
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