CIL sets target of producing 598.61 Mt. Coal in 2016-17
Capital Market
Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines today informed the Rajya Sabha in a written reply that the off-take of Coal India (CIL) was 534.50 Million tonne against coal production of 538.75 Million tonne during the year 2015-16. Also, no power generation unit was in critical or supercritical condition for want of coal and there was a decline in coal import also from 217.8 Mte in 2014-15 to 199.9 Mte in 2015-16, the Minister added.
Shri Goyal stated that CIL has planned to produce more coal and has set a target of producing 598.61 Mt. coal in 2016-17 against an achievement of coal production of 538.75 Mt during 2015-16 with growth rate of 11.11%.
Further, the Minister said that over burden removal by CIL during 2015-16 was 1148.91 Million cubic meter as compared to 886.53 Million cubic meter during 2014-15.
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