Coal India (CIL) is set to invest about Rs 6,000 crore towards capital expenditure in the next fiscal, and another Rs 6,000 crore in augmenting other infrastructure, including rail connectivity.
CIL and its subsidiaries are proposing to invest around Rs 6,000 crore in 2015-16 towards capital expenditure.
Also, the company will be investing an equal amount for railway and other infrastructure development for 2015-16.
The capex for the entire infrastructure in Coal India for 2015-16 is close to Rs 12,000 crore.
CIL aims to achieve the target output of one billion tonne by 2019-20. Mahanadi Coalfields and South Eastern Coalfields (SECL) the two subsidiaries of CIL are expected to play a major role in achieving this target.