Capital expenditure by coal CPSEs climbs 28.3%
The Hindu
Units meet 75% of annual target
The government on Wednesday said the Ministry of Coal, through its CPSEs, has registered a 28.3% year-on-year growth in capital expenditure (capex) to ₹12,605.75 crore for the period ended December.
The Ministry of Coal, through its Central Public Sector Enterprises (CPSEs), had registered capex of ₹9,822.28 crore a year earlier.
This capex achievement is also 75% of the Ministry of Coal’s annual target, the Ministry said in a statement.

Remmers Gruppe SE, an independent, family-owned German company into speciality construction chemicals and high-performance wood coatings, has announced to acquire 50.1% stake in Teknovace Wood Coatings Pvt. Ltd., one of India’s fastest-growing premium wood coatings companies in two trenches for ₹300 crore.












