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Coal India to invest Rs.57,000 crore in 5 years to boost output

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New Delhi: State miner Coal India Ltd. (CIL) has planned a capital investment of Rs.57,000 crore over the next five years to increase production to 908.1 million tons (MT), as part of the company’s target of producing one billion tons of coal by 2020, parliament was informed on Thursday.

“Coal India has assessed a tentative capital investment of Rs.57,000 crore for the next five years to ramp up its coal production to 908.1 MT from the production level of 494.80 MT in 2014-15”, Coal and Power Minister Piyush Goyal told the Lok Sabha in a written reply.

He said CIL’s capital investment projection for 2015-16 is Rs.5,990.5 crore, Rs.8,282 crore for 2016-17, Rs.14,539 crore for 2017-18, Rs.14,635 crore for 2018-19 and Rs.13,529 crore for 2019-20.

In a separate reply, Goyal said that up to December 1 during the current fiscal, 12 projects have been accorded environmental clearance and four projects have been given Stage II Forestry Clearance (FC).

He also told the Lok Sabha that Coal India has planned to set up 15 new washeries.

“Out of these, 9 washeries are planned for non-coking coal with capacity of 94 MT per year and 6 coking coal washeries of capacity 18.60 MT per year,” Goyal said.

In yet another reply on CIL, the minister said the company has envisaged investment of Rs.8,615.69 crore in the three major railway infrastructure projects – Tori-Shibpur in CCL (Jharkhand), Jharsuguda-Barapalli in MCL (Odisha) and East and East-West corridor in SECL (Chhattisgarh) for coal evacuation.

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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