Coal India Limited (CIL) has witnessed an 85% increase in its capital expenditure (capex), reaching Rs 4,700 crore during April to July. This surge in capex reflects CIL’s commitment to enhancing its operational efficiency, infrastructure, and production capacity in the coal mining sector. The increased investment aims to address supply constraints and meet the growing energy demands of the country. This move is significant as it contributes to India’s energy security and aligns with the nation’s efforts to ensure a reliable and sustainable energy supply for its growing economy.
Capex at CIL climbs 8.5% to Rs 4,700 crore in April-July
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