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CIL CAPEX in H1 of 20202-21 at All Time High

Coal News - Published on Thu, 08 Oct 2020

Image Source: CIL CAPEX
Coal India Limited's capital expenditure at INR 5,023 Crores ending first half of the ongoing fiscal capped an all-time high of 118 per cent utilisation against the provisioned target of INR 4,247 Crores. CIL during April-September’20 clocked a robust capex growth of 242 per cent compared to same period last year. The actual capital expenditure of INR 5,023 Crores in the H1 was up by INR 3,556 Crores against INR 1,467 Crores in April-September'19.

CIL has fast-tracked its capital expenditure in line with the coal ministry’s guidance on accelerating capital expenses to achieve considerable growth within the first half of the current fiscal.

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Posted By : Yogender Pancholi on Thu, 08 Oct 2020
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