State-owned Coal India Ltd (CIL) increased its capital expenditure by 27% year-on-year (YoY) to Rs 7,966 crore in the first half of the current financial year, exceeding its stipulated target of Rs 7,286 crore for the period.
The miner has utilised more than 48% of its annual capital expenditure outlay of Rs 16,500 crore, reflecting a strong investment push towards strengthening mining infrastructure, expanding operational capacity and improving coal evacuation.
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According to vessel tracking data from commodity market analytics form Kpler, an oil tanker carrying
