Coal India Advances 119 Projects with Rs.1.33 Lakh Crore Capital

31 Jul 2024 CW Team

Coal India Limited (CIL) is advancing 119 projects with a sanctioned capital of ?1.33 lakh crore to significantly boost its coal output. This strategic move is aimed at enhancing production capacity and meeting the growing demand for coal in India.

The approved projects encompass various initiatives, including the development of new mining operations, expansion of existing facilities, and modernization of infrastructure. The substantial capital allocation reflects Coal India's commitment to addressing the country's energy needs and strengthening its position as a leading coal producer.

Key components of the initiative include the enhancement of mining technologies, improvement of transportation and logistics, and adoption of sustainable practices. These efforts are designed to increase efficiency, reduce operational costs, and minimize environmental impact.

The focus on expanding production capacity is crucial as India continues to rely heavily on coal for its energy needs. By investing in these projects, Coal India aims to ensure a stable and reliable supply of coal to power plants and industries across the nation.

Additionally, the advancement of these projects is expected to generate significant employment opportunities and contribute to regional economic development. The modernization of coal mining operations will also align with the government's goals of promoting sustainable and responsible mining practices.

This investment in coal infrastructure underscores Coal India's proactive approach to enhancing its operational capabilities and supporting India's long-term energy security. The successful execution of these projects will play a vital role in meeting the country?s growing energy demands and fostering economic growth.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..