Coal India to boost transport infra
Coal India has decided to increase investment in first-mile connectivity (FMC) projects to touch a total of Rs 157 billion, encompassing 14 additional projects from its earlier count of 35. The company already transports 151 million tonne (mt) of coal through mechanised system and loads through coal handling plants and silos from 19 projects which will now be increased 557 mt by 2023-24 through projects in Phase-1. Phase-2 projects will start contributing once the formalities of finalisation are over.