CIL aims to achieve 1 billion tonne coal production target!

04 Jul 2023 CW Team

Central Coalfield Limited (CCL), Chairman cum Managing Director (CMD), PM Prasad said his first aim is to achieve the target of one billion tonnes of coal production by the year 205-26.

Prasad said to get the target to achieve land clearance; forest and environment clearance stuck at different levels will be expedited. He informed that Coal India had produced 700 million tonnes of coal last year and at the same time; it has to be increased by 300 million tonnes in two to two and a half years. He said, along with increasing production, ensuring coal dispatch to the power sector is also included in his priority.

The CIL Chairman further said, the import of non-coking coal will decrease due to increase in coal production and this will also save foreign exchange. He said, at present India imports 160-200 million tonnes of non-coking coal from other countries. He also said that CIL is starting two new power plants including MBPL's 800 MW power plant in Mahanandi Company. Apart from this, a power plant of CCL is about to start in Chhattisgarh with the State Government whose capacity is 500 MW. He said that with its introduction, the long haulage of coal will be reduced.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..