Question
Coal India Ltd is going to invest an amount of Rs 24,750
crore in capital expenditure to build how many first-mile connectivity (FMC) projects to boost eco-friendly coal transportation?Solution
Coal India Ltd (CIL) would invest Rs 24,750 crore in capital expenditure (capex) to build 61 first-mile connectivity (FMC) projects to boost eco-friendly coal transportation. Once completed, these projects – to be set up in three phases — would have a combined capacity of 765 million tonnes per annum (mtpa) of coal.
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In India, Commercial Papers are issued as per the guidelines issued by:
