CIL to maintain 2017/18 capex despite production slowdown

Coal India Limited (CIL) will invest capital expenditure (capex) of around $1.3-billion during 2017/18, Coal Minister Piyush Goyal has said. He noted that the yearly capex budget was in the final stages and that CIL had taken all measures to ensure that all funds earmarked for capex were used during the year, without any spillover.