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CIL to invest Rs 1.33 trillion in 119 projects to boost coal output

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CIL to invest Rs 1.33 trillion in 119 projects to boost coal output

Coal India Limited (CIL) is advancing 119 projects with a sanctioned capital of Rs 1.33 trillion to enhance coal production and meet the growing energy demand. 

The projects are in various stages of implementation and are expected to significantly augment CIL’s output. In the financial year 2023-24, CIL aims to achieve a production target of 780 million tonnes, an increase from the previous year’s 703 million tonnes. This target aligns with India’s objective of reducing coal imports and achieving self-sufficiency in coal production.

The projects are spread across different subsidiaries of CIL, including Eastern Coalfields, Bharat Coking Coal, Central Coalfields, Western Coalfields, South Eastern Coalfields, Mahanadi Coalfields, and Northern Coalfields. Each subsidiary is responsible for specific projects that contribute to the overall production goal.

Additionally, CIL is focusing on adopting advanced technologies and modern mining methods to improve efficiency and safety. The company is also investing in coal handling plants, washeries, and conveyor belts to enhance coal quality and logistics.

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