Coal India Ltd (CIL) plans to invest Rs 19,650 crore in rail infrastructure over the next three years to increase its annual transportation capacity by 330 million tonne (MT).
To improve its infrastructure, the state-owned coal extraction business will build rail links and form joint partnerships.
A CIL statement said,”To increase coal evacuation capacity through rail mode by an additional 330 million tonnes per annum (MTPA) by FY 2024, when production is expected to scale up significantly,Coal India Limited (CIL) is investing an estimated capital of Rs 19,650 crore in strengthening its rail infrastructure.”
