Cloud over CIL capex plan

September 2015
Telegraph (Calcutta, India);9/23/2015, p24
The article reports on the new Indian government ruling on land compensation funds that could curtail the investment plans of Coal India Limited (CIL). Topics covered include plans of the public sector undertaking (PSU) in acquiring 23,000 acres and the Rights to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Also mentioned are changes in capital expenditure (capex) of CIL as to different costs of land in various locations.


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