Economy
Coal India H1 Capital Expenditure Rises 27% to ₹7,966 Crore

Coal India H1 Capital Expenditure Rises 27% to ₹7,966 Crore

The Hindu1h
THE BRIEF
1

Coal India Ltd increased its first-half capital expenditure by 27% year-on-year to ₹7,966 crore, surpassing the target of ₹7,286 crore.

2

The company has utilized nearly 48% of its annual ₹16,500 crore outlay to expand mining infrastructure, land acquisition, and coal evacuation logistics.

3

Investments in railway sidings, coal handling plants, and heavy machinery are prioritized to support the company's production and supply targets for this fiscal year.