Coal India (CIL) has unveiled its road map to attain the one 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 one BT, of which 908 MTs is the expected contribution from the indentified projects.
The process of identification of projects to share the balance quantity, to top up the one BT mark, is also underway. The two CIL subsidiaries Sambalpur based Mahanadi Coalfields and the Bilaspur based South Eastern Coalfields are expected to play a pivotal role in CIL’s quest of attaining the one BT production with 250 MTs and 240 MTs respectively. The key issues that the coal miner is basically relying on are timely completion of three critical railway lines and timely land acquisition and green clearance.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
Company Name | CMP |
---|---|
Coal India | 497.45 |
NMDC | 266.45 |
GMDC | 421.75 |
Sandur Manganese | 520.45 |
MOIL | 500.10 |
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