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Tuesday, March 29, 2011

Coal India lowered down its production target to 440 MT


Coal India (CIL) has lowered the production target to 440.20 million tonnes from 460.50 million tonnes for the current fiscal. This has been reviewed at the time of finalization of annual plan 2011-12. Though, the achievement made up to Feb 2011 is 380.625 million tonnes.
The Ministry of Coal has reviewed the production level of CIL at several levels including reviews at Planning Commission. Accordingly, the government will be continuing to intensify its efforts to provide the support required by the coal companies to achieve the targets.
CIL has planned to take some major steps to achieve the targets during the next financial year which includes increasing efficiency of the equipments, regular monitoring, mechanization as programmed and strict supervision of the existing mines and ongoing projects, capacity addition from new and future projects, and intensively pursuing with the Government for resolving issues of environmental and forestry clearances, land acquisition and law and order problems

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