Ministry of Coal records 28.33% YoY growth in Capex achievement

17 Feb 2022 CW Team

The centre has informed that the Ministry of Coal, via its Central Public Sector Enterprises (CPSEs), has recorded a 28.33% year-on-year growth in capital expenditure (Capex) achievement at Rs 12,605.75 crore for the period ending December 2021.

The Ministry of Coal, via its Central Public Sector Enterprises (CPSEs), had recorded a Capex achievement of Rs 9,822.28 crore for the term up to December 2020, as against the last year's achievement of Rs 9,822.28 crore for the period up to December 2020, Coal Ministry CPSEs have done Capex of Rs 12,605.75 crore, thereby providing a significant impetus to the Covid-struck economy, as per the coal ministry.

This Capex achievement is additionally 75% of the Ministry of Coal's annual target, as per the statement. Coal India Limited (CIL) is one of the CPSEs under the coal ministry. CIL had previously said that its capital expenditure increased over two-fold to Rs 1,840 crore in the first quarter of 2021-22, as against Rs 844 crore in the year-ago quarter.

In a statement, Coal India said that the capital expenditure increased two-fold in the first quarter of FY22, as it continues to step up investments in evacuation infrastructure, land purchase and acquisition of heavy equipment.

CIL has attained 94% of the progressive target of Rs 1,960 crore, set for the April-June quarter of the continuing fiscal. Highlighting the plan on enhancing evacuation infrastructure like installing rail sidings and corridors, coal handling plants (CHP), silos and haul roads CIL's Capex has increased to Rs 504 crore on this account, the second-highest among all Capex heads.

Image Source

Also read: CIL allots 17 mt coal under special e-auction scheme to power sector

Real Estate

02 Apr 2026

Bent Collective Unveils Sculptural Papillon Sofa

Bent Collective has introduced the Papillon Sofa, a sculptural seating piece that combines artistic design with everyday comfort. Defined by a fluid silhouette, the sofa features a gently curved backrest, asymmetrical form, rounded seating, a single rolled arm and sleek legs, creating a soft yet expressive presence for contemporary interiors. Upholstered in a soothing blue tone, the Papillon Sofa is designed to bring a sense of calm, movement and visual lightness to living spaces. Its organic form moves away from rigid lines, reflecting the brand’s focus on furniture that is both i..

MHIEC Completes Relay Centre Project In Nagasaki

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC) has completed construction of the Nanbu Relay Center in Minamishimabara City for the Ken’ou-Kennan Clean Authority in Nagasaki Prefecture. The project includes the development of the new facility and the operation of three relay centres, including the existing Tobu and Seibu sites, under a contract awarded in 2024. The initiative is aimed at enabling the efficient transfer of combustible waste from multiple municipalities to the Ken’ou-Kennan Clean Center in Isahaya City, which is scheduled to co..

Kala Ghoda Boutique Redefines Compact Retail Design

Located in Kala Ghoda, Noir Éclat, an 80 sq ft jewellery boutique by Mint Leaf Design, showcases how compact retail spaces can deliver a high-impact experience. Designed as a ‘jewel box’, the boutique blends Parisian-inspired aesthetics with a monochrome palette of black and white, highlighted by fuchsia accents that add a distinctive visual identity. The design leverages vertical space to overcome size constraints, featuring sculptural wall-mounted busts arranged in grids that transform product displays into artistic installations. Carefully planned lighting enhances depth and creates a..