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CCL sets stage for energy boost with ₹6k cr infra investment

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Mid Corporate 14 Feb 2024 12:08 PM IST Economic Times

Central Coalfields Ltd (CCL), a division of Coal India, is prepared to improve the infrastructure for coal manufacturing and distribution in India by investing more than ₹6,000 crore in major projects over time.

An integrated strategy for enhancing the country's coal supply chain includes the coal production projects and essential railway lines. 

Leading the array of projects is North Urimari, with an investment of ₹291 crore, which is 96% complete and due for inauguration by the Prime Minister Narendra Modi. Following close is the Konar project, costing ₹250 crore, targeted for completion in October 2024.

With a higher investment bracket, the KDH-Purnadih and Amrapali Coal Handling Plants (CHP), with ₹442 crore and ₹527 crore respectively, are on track for completion by April and December 2025. The KDH-Purnadih has already seen the laying of its foundation stone by the Prime Minister, underlining the government's commitment to fast-track India's energy infrastructure.

On the railway front, CCL's significant projects include the ₹894 crore Tori-Shivpur 3rd Rail Line and the ₹1800 crore Shivpur-Kathautia Rail line, expected to be operational between March 2024 and June 2025.