New Delhi, March 27 (IANS) Coal India announced on Friday that it plans to invest around Rs 3,300 crore to set up 8 new coking coal washeries as part of its strategy to improve the quality of coal and reduce the country’s dependence on imports of high-quality coking coal that is used in the production of steel.The new washeries, which are expected to add a combined capacity of 21.5 million tonnes per year (MTY), are scheduled to become operational by 2029-30. Coal India currently has a network…
Latest National Monetisation Pipeline News & Updates
New Delhi, March 19 (IANS) India’s Infrastructure Investment Trusts (InvITs) are expected to see the industry’s assets under management grow by about Rs 1 lakh crore in FY26, a report said on Thursday.The report from CareEdge Ratings said AUM of these trusts doubled from about Rs 3 lakh crore in FY22 to roughly Rs 6.25 lakh crore by FY25.Combined leverage or total external debt to enterprise value is expected to remain at around 49 per cent in FY26, driven by higher valuations from equity ra…