Coal India´s plan to double its production to almost 1 bn tonne by 2020 mainly depended on the successful completion of 25 key projects that will deliver half the targeted output. To speed up these projects, the government is forming SPVs with Coal India as the majority stakeholder. These SPVs will set up three rail lines with a capacity to carry 300 mn tonne of coal from areas that are now logistically constrained. The estimated investment in these projects is about Rs 8,000 crore. The projects mostly include opencast mines.
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