Don’t miss the latest developments in business and finance.

CIL production target scaled down to 440 MT

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:57 AM IST

The government today said Coal India has lowered the production target to 440.20 million tonnes from 460.50 million tonnes for the current fiscal.

The Navratna company, however, is likely to miss the revised target too as the output recorded by February stood at 380.62 million tonnes (MT).

"Revised estimate for CIL for 2010-11 is 440.20 MT. Though, the achievement made up-to February 2011 is 380.625 MT," an official statement said.

The production target for CIL was fixed at 460.50 MT as per Annual Plan 2010-11, it said.

"The Ministry of Coal has reviewed the production level of CIL at several levels including reviews at Planning Commission. Accordingly, the Government shall continue to intensify its efforts to provide the support required by the coal companies to achieve the targets," Coal Ministry said in the statement.

It added that steps to achieve target during the next fiscal would include increasing efficiency of the equipment, regular monitoring, mechanisation as programmed and strict supervision of the existing mines and on going projects.

More From This Section

Other measures include capacity addition from new projects and resolving issues related to environment and forestry clearances.

The Ministry said it will provide all support required by the coal firms to achieve targets.

The public sector company's production in 2009-10 was 431 MT.

Also Read

First Published: Mar 28 2011 | 7:48 PM IST

Next Story