InvestorsHub Logo
Followers 13
Posts 3301
Boards Moderated 0
Alias Born 02/07/2017

Re: None

Wednesday, 08/16/2017 2:10:18 AM

Wednesday, August 16, 2017 2:10:18 AM

Post# of 64320
Here's something to think about..

"Kolkata: Coal India Ltd (CIL), which produces 84 per cent of the country's total output of the mineral, has planned to invest Rs 8,500 crore as capital expenditure in 2017-18, its latest annual report said. "The capital expenditure for the year 2017-18 has been set at (Rs) 8,500 crore," the miner said in its annual report. The miner has further planned to invest Rs 6,500 crore in various projects -- Super Critical Thermal Power Plant (STPP), solar power, revival of fertiliser plants, coal gasification, acquisition of coal blocks in India and abroad, and CBM (coal bed methane) etc during 2017-18, the report said."

So, 8,500 crore plus 6,500 more? Lol

Deals including coal gasification and coal blocks from India (Jindal)?
Interesting..

http://www.sify.com/finance/coal-india-to-incur-rs-8500-crore-capital-expenditure-in-2017-18-news-finance-riqlaaigdjiae.html