Public sector miner Coal India Ltd has lined up an investment of Rs 7,500 crore to develop railway tracks and related infrastructure to evacuate coal from Chhattisgarh, Jharkhand and Odisha.

These would help the company to evacuate around 100 million tonnes (mt) of additional coal from each of the States.

"The investments would be made in the next three-four years. Coal India would fund the projects and Railways would be laying the tracks and own them. This gives us the opportunity to transport coal. The additional money that we are investing would be recovered through a mechanism," Coal India Chairman and Managing Director, Mr S. Narsing Rao, told newspersons at the company's head office.