Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
434.70
4.45 (1.03%)
< Home < Back

Coal India's 39 mining projects running behind schedule

Date: 06-09-2021

Coal India’s 39 coal mining projects are running behind the schedule on account of delays in getting green clearances and issues related to rehabilitation and resettlement (R&R). This assumes significance in the wake of the country's power plants grappling with depleting stocks at their end. 114 coal projects with a sanctioned capacity of 836.48 mty (million tonnes per year) and a sanctioned capital of Rs 1,19,580.62 crore are in different stages of implementation out of which 75 projects are on schedule and 39 projects are delayed.

The major reasons for delays in implementation of these projects are delay in forest clearances and possession of land and issues related to R&R. CIL's nine coal projects, with a sanctioned capacity of 27.60 million tonnes per year and a sanctioned capital of Rs 1,976.59 crores were completed with a total completion capital of Rs 1,958.89 crore during 2020-21.

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.