Central Coalfields Limited (CCL), a subsidiary of Coal India Limited (CIL), after coming out from the purview of the BIFR in January 2005, has been making profits year after year. The net worth of the CCL was Rs 896 crore in 2004-05 which has gone up to Rs 2147 crore in 2008-09.According to the MoU signed between CCL and the Ministry of Coal, the production target of CCL during 2009-10 has been fixed at 48.10 million tonnes.
The company had suffered production loss to the extent of 1.22 million tonnes in the last three quarters of the current financial year due to bandhs called by various outfits which lasted 54 days.
