CIL's subsidiary, NCL reveals its Rs 1,900 crore CapEx for FY2022

13 May 2022 CW Team

Northern Coalfields Ltd (NCL), a subsidiary of Coal India, announced that it budgeted Rs 1,900 crore in capital expenditure (CapEx) for the current fiscal year (FY).

The majority of CapEx in the current FY would be spent on the procurement of heavy earth moving machines (HEMMs), building coal handling units, and land acquisition.

In FY2022, the company increased its CapEx to Rs 1,750 crore, up 7% from the objective of Rs 1,640 crore.

With a total investment of Rs 3,174 crore, NCL is working on nine first mile connectivity (FMC) projects.

These initiatives will replace coal transportation by road with mechanised loading, allowing the corporation to encourage more environmentally friendly mining operations.

Two projects have already been commissioned, with four more on the way this year. These FMC projects will help transport an additional 55 million tonnes (MT) of coal in an environmentally efficient manner after the completion.

In April, the firm produced 10.81 MT of coal, a 26% increase over April 2021. In the previous FY, NCL produced 122.43 MT of coal, while its offtake was 125.66 MT.

NCL accounts for 20% of Coal India's total production. Over 80% of domestic coal production is produced by Coal India.

Image Source

Also read: Motilal Oswal proposes buying Coal India with a target price of Rs 220

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..