Coal India plans to invest Rs 18,000 cr in 118 projects

Coal India (CIL) has ambitious plans of investing Rs 18,000 crore in 118 projects during 2008-09. This would enable the company to augment its production by comprehensive margins. CIL projects a production of around 520 million tonne during the 11th Plan. Its current production is about 363 million tonnes which is expected to go up by over 384 million tonnes in 2008-09.

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