Coal production from CIL, SCCL at 280MT till Nov this fisc
Coal production from Coal India (CIL) and Singareni Collieries Company Ltd (SCCL) in the first eight months of this fiscal (till November 21) stood at 280 million tonnes, clocking 7 per cent growth over the same period last fiscal.
December 06, 2012 / 18:57 IST
Coal production from Coal India (CIL) and Singareni Collieries Company Ltd (SCCL) in the first eight months of this fiscal (till November 21) stood at 280 million tonnes, clocking 7 per cent growth over the same period last fiscal. The combined output from both the firms was 261 million tonnes (MT) in the same period in 2011-12, Coal Ministry sources said quoting an official document.
Also Read:Coalmin deallocates mine in Odisha alloted to 4 PSUsNTPC to acquire fresh coal mines by Dec: SourcesCIL has signed fuel supply pacts with 33 power units: GovtCIL has to pay reserve price for 116 coal blocks: GovtCoal India (CIL), which accounts for over 80 per cent of the domestic coal output, produced 250 MT in April-November 21 period in this fiscal. "While SCCL produced 30 MT till November 21 in the current fiscal," sources said. "However, both the firms missed their production target of 286 MT and produced 280 MT of coal," they added. Coal offtake from both the firms was 310 MT compared to the target of 320 MT.CIL had last month indicated that its production during October-December period may see some slippage as Nilam cyclone and festivals impacted the mining activity in November. The state-run firm, has set 125 MT production target for October-December quarter of the current fiscal. During the April-October period, CIL's production grew by nine per cent at 208.3 MT over the same period last year.Coal India has set a target to produce 464 million tonnes production for the current fiscal. Last fiscal, it had produced 435.84 MT and envisages to take its production to the level to 615 MT by 2016-17, the last year of the 12th Five Year Plan. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
