Coal India inks pact with Konkan Railway Corp Ltd to develop rail infra

State-owned Coal India Ltd (CIL) on Tuesday (August 19, 2025) said it has signed a pact with Konkan Railway Corporation Ltd to develop rail infrastructure for the company and its subsidiaries.

CIL, which accounts for over 80% of domestic coal output, is actively strengthening its rail infrastructure to improve coal transportation.

The non-binding memorandum of understanding (MoU) was signed between both companies in Kolkata.

"Coal India Ltd and Konkan Railway Corporation Ltd have executed a non-binding memorandum of understanding on August 18, 2025...with an intent of development of rail infrastructure of CIL and its subsidiaries," the company said in a BSE filing.

CIL had earlier entered into a pact with Indian Port Rail & Ropeway Corporation Ltd to develop a rail infrastructure for the coal behemoth and its arms. In FY25, CIL produced 781.1 million tonnes (MT) of coal, nearly 7% less than the company's annual target of 838 MT.

Coal India Ltd is targeting a production of 875 MT and an offtake of 900 MT in FY26.