Project News Detail
| Project No : | 205586 |
|---|---|
| Project Title : | CIL signs pact with Indian Port Rail & Ropeway Corpn. to boost rail infra |
| Company Name : | Coal India Limited |
| Project Detail : | Coal India (CIL) has signed a non-binding memorandum of understanding (MoU) with Indian Port Rail & Ropeway Corporation (IPRCL) to develop and upgrade the rail infrastructure of CIL and its subsidiaries. The agreement was formalised on 05 June, 2025, in Kolkata, marking a significant step towards improving coal logistics and transportation efficiency. IPRCL is a joint venture company under the Ministry of Ports, Shipping and Waterways, with 90 percent equity held by 11 major ports, and 10 percent by Rail Vikas Nigam (RVNL) under the Ministry of Railways. The JV was created to enhance rail connectivity and throughput at major ports and is now set to assist CIL in strengthening coal evacuation systems. Coal India, which accounts for over 80 percent of India’s domestic coal production, mined 781.1 million tonne (MT) in FY25 - falling short of its 838 MT target. For FY26, the company aims to produce 875 MT and achieve an offtake of 900 MT to meet growing energy demands. |
| Project Location : | Kolkata - West Bengal - India |
| Project Estimation : | Refer Document |
| Status : | Announced |