Coal India to invest Rs 15,700 crore in conveyor belts for movement between mines and wagons
In the first phase, it will upgrade infrastructure at 35 mines, each with capacity of four million tonnes per annum (MTPA) or more at six subsidiaries of the company. This involved capital expenditure (capex) of about Rs 12,300 crore and total capacity of 406 MTPA. Phase-2 includes 14 projects in which four subsidiaries will spend Rs 3,400 crore for total capacity of 100.5 MTPA.