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

CIL Gearing Up For 1 Billion Tonne Coal Production Mark Government committed to increase coal production: coal secretary

Image
Delhi
Last Updated : Feb 21 2015 | 12:20 AM IST
Coal India Limited (CIL), the Maharatna coal mining monolith had unveiled its roadmap, of strategies to be adopted, to attain the 1 Billion Tonne (BT) coal production mark by 2019-20. With the projected coal demand of the country hovering around 1,200 Million Tonnes (MTs) by 2019-20, at an envisaged growth rate of 7%, CIL is expected to chip in 1 BT, of which, 908 MTs is the expected contribution from the identified projects. This was stated by Shri S Bhattacharya, CMD , Coal India Ltd(CIL) while briefing the media here today. He further added that the process of identification of projects to share the balance quantity, to top up the 1 BT mark, is also underway. The two CIL subsidiaries Sambalpur based Mahanadi Coalfields Limited and the Bilaspur based South Eastern Coalfields Limited are expected to play a pivotal role in CIL's quest of attaining the 1 BT production with 250 MTs and 240 MTs respectively , Shri Bhattacharya added. Earlier , Shri Anil Swarup , Coal Secretary said that coal ministry is committed to increase coal production in the country.

More From This Section

First Published: Feb 20 2015 | 12:20 AM IST

Next Story