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 Transport

19 Dec 2025

Tripura Rail Survey Approved For Jirania–Bodhjung Link

The Ministry of Railways has approved a Final Location Survey (FLS) for a proposed new railway line between Jirania and Bodhjung Nagar in Tripura. The planned section will span 14 km and is estimated to cost around Rs 4.2 million, with the entire alignment located within West Tripura district. The approval marks a key step towards strengthening railway infrastructure and supporting industrial growth in the state. Bodhjung Nagar is Tripura’s principal industrial and commercial hub, developed mainly for resource-based industries such as rubber, bamboo and food processing. The proposed Jirania..

MCF Raebareli Rolls Out Its 15,000th Passenger Coach

The Modern Coach Factory (MCF) in Raebareli, Uttar Pradesh, has reached a major production milestone with the manufacture of its 15,000th passenger coach on December 15, the Ministry of Railways said. During the current financial year 2025–26, the unit has produced a total of 1,310 coaches so far. Established in 2007 at Lalganj in Raebareli, MCF is among India’s most advanced passenger coach manufacturing facilities. Built at a cost of around Rs 31.92 billion, the factory has an installed annual capacity of 1,000 coaches and is located about 3 km from Lalganj on the Kanpur–Raebareli Roa..

RVNL Wins Gandak River Rail Bridge Contract

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from North Eastern Railway for a major railway infrastructure project valued at Rs 1.65 billion. The contract relates to the construction of the substructure for a key railway bridge over the Gandak River. The bridge will be constructed between Paniyahwa and Valmikinagar stations as part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section. Designed to enhance capacity and operational efficiency, the structure will comprise 14 spans of 61 metres each and will be supported by double D-type well foundations. The des..