Coal India approves ₹31.33 billion joint venture investment
pre-market1 source ↓written by the desknot a recommendation
- investment
- ₹31.33 billion
- project cost
- ₹208.86 billion
- financed
- 70:30 debt-equity ratio
Coal India has received board approval for a ₹31.33 billion investment in a new joint venture project, part of its growth strategy. The total project cost is ₹208.86 billion, financed through a 70:30 debt-equity ratio. This strategic move is expected to enhance Coal India's operational capabilities and market position.
• Investment: ₹31.33 billion
• Total project cost: ₹208.86 billion
• Financing structure: 70:30 debt-equity ratio
Not investment advice. For informational purposes only.