Coal
Coal Ministry targets 1 Billion Ton production in 2023-24
New Delhi/IBNS: The Ministry of Coal Wednesday said it has set a target to produce more than 1 billion ton (BT) coal during the year 2023-24.
The Coal Secretary has carried out an in-depth review with all coal companies to achieve this aim, the ministry said.
It has been decided to fix 780 Million Ton (MT) target to CIL, 75 MT for Singareni Collieries Company Ltd and 162 MT for captive and commercial mines. A total of 290 mines are operational in CIL, out of which 97 mines produces more than 1MT per year.
For all 97 such coal mines, issues of land acquisition, forest clearance, environment clearance, rail connectivity and road connectivity have been discussed and time-lines fixed.
It is noteworthy that with the continued effort of coal companies, out of 97 coal mines, there are no pending issues in 56 mines, the ministry said.
Only 41 mines have 61 issues, for which continued coordination and monitoring is being carried out by top management of coal companies with State government authorities concerned and the Central Ministries.
It is noted that CIL has produced 622 MT during the year 2021-22 and for the year 2022-23, registering a growth of over 16%, 513 MT have been produced so far. It is expected that CIL will surpass the target of 700 MT fixed for current fiscal and accordingly will achieve 780 MT for the year 2023-24.
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