Coal India’s capex grows 12% to Rs 14,834 crore in FY22

14 Apr 2022 CW Team

Coal India Limited (CIL) told the media that its capital expenditure (capex) witnessed a 12% growth to Rs 14,834 crore in FY22. Its capital expenditure stood at Rs 13,284 crore in FY21.

According to a statement, CIL's FY21 capex doubled in a year from that of Rs 6,270 crore in FY20. It means FY22 capex growth came on the back of a strong base.

The capex growth of CIL was to boost the output growth and align it with evacuation outlets.

Most of the capital expenditure was on land, procurement of heavy earthmoving machinery, setting up coal handling plants (CHP), silos and creating rail infrastructure for coal transportation.

Land and heavy earth moving machinery (HEMM) accounted for 40% of the total capex at Rs 5,867 crore, and capital expenditure under land stood at Rs 3,262 crore in 2021-22.

Land acquisition is crucial for CIL to augment its output from opencast (OC) mines. Land procured for two projects, Searmal and Talcher of Mahanadi Coalfields Limited (MCL), would help the Public Sector Undertaking (PSU) further expand its mining operations.

The centralised procurement of HEMM for CIL subsidiaries, including Eastern Coalfields Limited (ECL), Northern Coalfields Limited (NCL) and South Eastern Coalfields Limited (SECL), amounted to Rs 2,605 crore.

The company has planned to replace the old fleet with modern equipment to be deployed in OC mines, especially in SECL and NCL ramp up output production.

The other crucial capex expenditure, at Rs 2,322 crore, was for setting up coal handling plants or silos, with a major share taken up by NCL, SECL and Mahanadi Coalfields Limited (MCL).

Strengthening the evacuation infrastructure through rail sidings and corridors accounted for Rs 2,307 crore of the total capex.

CIL accounts for more than 80% of the domestic coal output.

Image Source

Also read: CIL offered 160.5 mt till Feb under e-auction of coal

Technology

02 Apr 2026

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Neoterra Developments breaks ground on ELMORA at Jumeirah Garden City

Neoterra Developments has officially commenced construction of its upscale residential tower, ELMORA, at Jumeirah Garden City following a groundbreaking ceremony held in Dubai. The developer confirmed that the project is scheduled for completion in February 2028 and also announced its next residential development in Dubai Production City, which is expected to be launched in Q2 2026.ELMORA, valued at approximately AED 130 million in gross development value (GDV), is being developed in collaboration with GRID, which has been appointed as the project’s Development Lifecycle Management (DLM) par..

Bent Collective Unveils Sculptural Papillon Sofa

Bent Collective has introduced the Papillon Sofa, a sculptural seating piece that combines artistic design with everyday comfort. Defined by a fluid silhouette, the sofa features a gently curved backrest, asymmetrical form, rounded seating, a single rolled arm and sleek legs, creating a soft yet expressive presence for contemporary interiors. Upholstered in a soothing blue tone, the Papillon Sofa is designed to bring a sense of calm, movement and visual lightness to living spaces. Its organic form moves away from rigid lines, reflecting the brand’s focus on furniture that is both i..