By BasisPoint Insight
June 6, 2025 at 10:41 AM IST
Coal India Ltd. said on Thursday it has signed a non-binding agreement with Indian Port Rail & Ropeway Corp. Ltd. (IPRRCL) to develop rail infrastructure for itself and its subsidiaries. The miner disclosed the development in a stock exchange filing.
The collaboration is aimed at strengthening Coal India’s logistics network, particularly for coal evacuation and connectivity to loading points, in line with the company's broader infrastructure and capacity expansion goals.