The investment priorities on infrastructure and logistics would include, participating in equity with the government-owned and operated, Indian Railways in setting up a special purpose vehicle (SPV) for construction on new railway tracks, primarily in eastern India, to connect mines slated for brownfield expansions, creation of a specific fund for acquisition of own railway rakes for exclusive use by CIL and use of vehicle tracking systems using GPS/GPRS and laser monitoring scanners for dispatch networks, the official added.
CIL, along with the Ministry of Coal, has estimated that as much as 300 million ton of coal production per annum had been locked up in mines across eastern Indian province of Orissa, Jharkhand and Chhattisgarh, stemming from the absence of any railway linkage to network of Indian Railways.
