-1.20 (-0.28%) Coal India (CIL) has set the coal production target of 615 million tonnes for the terminal year of the 12th Plan i.e. 2016-17. The company has set this target with the assumption that requisite clearances viz., environmental and forest clearances, land acquisition, law & order issues and evacuation problems are addressed in a time bound manner with the cooperation of the Central and State agencies.
This contribution of production target set by the company has been planned from existing and completed group of projects, ongoing group of projects and future group of projects. Besides, the coal mining Maharatna PSU has also identified 56 spill over projects of 11th Plan and 69 new projects for increasing the coal production during the 12th Plan period.
CIL, which accounts for more than 80% of the domestic coal production, missed its revised 2011-12 production target as it achieved only 435.84 million tonne as against 447 million tonne.