Coal India plans Rs 17,000 cr capital expenditure target in FY22
COAL & MINING

Coal India plans Rs 17,000 cr capital expenditure target in FY22

Coal India Limited (CIL) has established a capex target of Rs 17,000 crore for FY 2021-22. It is nearly over Rs 4,000 crore than its spending the previous year.

The mining and refining firm is expecting an improvement in cash flow with growing demand for coal and important realisation from e-auction purchases.

An official of CIL told the media that the total capex for this year includes infusing Rs 3,000 crore in Talcher Fertilisers Ltd and Hindustan Urvarak and Rasayan Ltd (HURL) and investing Rs 1,000-1,500 crore for railway line construction by a joint venture enterprise.

From its first estimate of Rs 10,000 crore, Coal India amended its capex budget to Rs 13,115 crore for FY 2020-21.

Given the Covid-19 pandemic, the centre had advised Public Sector Undertakings (PSUs) to increase their capital expenditure to drive the economy's growth.

In 2016, Hindustan Urvarak and Rasayan Ltd, including CIL, Indian Oil Corporation Ltd, Fertilizer Corporation of India Ltd (FCIL), NTPC Ltd, and Hindustan Fertilizer Corporation Ltd (HFCL), incorporated as a joint venture entity.

HURL is associated with establishing a natural gas based on a 1.27 mtpa urea plant on the premises of closed fertiliser units of FCIL in Sindri, Jharkhand, Gorakhpur, Uttar Pradesh, and HFCL at Barauni in Bihar.

Image Source


Also read: CIL nods increase in coal evacuation facility charges

Coal India Limited (CIL) has established a capex target of Rs 17,000 crore for FY 2021-22. It is nearly over Rs 4,000 crore than its spending the previous year. The mining and refining firm is expecting an improvement in cash flow with growing demand for coal and important realisation from e-auction purchases. An official of CIL told the media that the total capex for this year includes infusing Rs 3,000 crore in Talcher Fertilisers Ltd and Hindustan Urvarak and Rasayan Ltd (HURL) and investing Rs 1,000-1,500 crore for railway line construction by a joint venture enterprise. From its first estimate of Rs 10,000 crore, Coal India amended its capex budget to Rs 13,115 crore for FY 2020-21. Given the Covid-19 pandemic, the centre had advised Public Sector Undertakings (PSUs) to increase their capital expenditure to drive the economy's growth. In 2016, Hindustan Urvarak and Rasayan Ltd, including CIL, Indian Oil Corporation Ltd, Fertilizer Corporation of India Ltd (FCIL), NTPC Ltd, and Hindustan Fertilizer Corporation Ltd (HFCL), incorporated as a joint venture entity. HURL is associated with establishing a natural gas based on a 1.27 mtpa urea plant on the premises of closed fertiliser units of FCIL in Sindri, Jharkhand, Gorakhpur, Uttar Pradesh, and HFCL at Barauni in Bihar. Image Source Also read: CIL nods increase in coal evacuation facility charges

Next Story
Infrastructure Urban

Coal Ministry Achieves Milestones under Special Campaign 5.0

The Ministry of Coal and its Public Sector Undertakings (PSUs) have achieved notable milestones under the Special Campaign 5.0, focusing on cleanliness, operational efficiency, and sustainability across the coal sector. During the implementation phase from 2–31 October 2025, over 1,205 sites were cleaned, covering 68,04,087 sq ft, nearing the target of 82,51,511 sq ft. Scrap disposal of 5,813 MT against a target of 8,678 MT generated Rs 228.7 million in revenue. In addition, 1,11,248 physical and 30,331 electronic files were reviewed, with 74,123 weeded out or closed. Key initiatives showc..

Next Story
Infrastructure Energy

Vesting Orders Issued for Three Coal Blocks under Commercial Auctions

The Ministry of Coal’s Nominated Authority has issued vesting orders for three coal blocks under commercial coal block auctions on 23 October 2025. The Coal Mine Development and Production Agreements (CMDPAs) for these mines were earlier signed on 21 August 2025. The three blocks include Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi. Of these, two are partially explored while one is fully explored, with a combined peak rated capacity of around 1 MTPA and geological reserves of approximately 1,484.41 million tonnes. These mines are expected to generate annual revenue of abou..

Next Story
Infrastructure Urban

TEC, IIT-Hyderabad Partner to Boost 6G and Telecom Standards

The Telecommunication Engineering Centre (TEC), technical arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) for joint research and technical collaboration in advanced telecom technologies and standardisation. The partnership focuses on developing India-specific standards and test frameworks for next-generation networks, including 6G, Artificial Intelligence (AI), and Non-Terrestrial Networks (NTNs). It also aims to enhance India’s participation in international standardisation f..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?