State-owned mining major Coal India (CIL) has initiated a corporate planning exercise with consulting firm KPMG with an emphasis on six key areas.
These include managing scale of growth, improving operational efficiency, improving customer orientation, expanding presence across the coal value-chain, becoming an employer of choice and focusing on environment and community through sustainable initiatives.
CIL, which produces 82 per cent of overall domestic coal output and meets 45 per cent of the country’s primary commercial energy needs, has set a time frame of 18 months for this initiative, including a year of implementation during which the roadmap for improvement is expected to be laid out.
“One of the roadblocks impeding the production rate and growth potential is land acquisition. Secondly, the company is also facing difficulty in hiring for statutory positions and certain niche skills. Thirdly, there is a mismatch between evacuation requirements of CIL vis-à-vis the resources availability for dispatch.
Also, the current production is skewed towards open cast mining and there is a scope of increasing output in underground mines,” the miner said in a statement.