Coal India eyes 2 million ton a day output to meet shortfall

Coal India Chairman AK Jha and coal additional secretary VK Tiwari recently reviewed performance of the Mahanadi Coalfields Limited (MCL).

Coal India chairman asked MCL officials to improve performance to enable the Coal India meet its commitment of producing 20 lakh tons daily.

Jha reportedly raised concerns over production shortfall at Talcher Coalfields and asked MCL to improve capacity utilisation.

With the onset of conducive environment for mining in the winter, CIL chairman stressed the commitment to produce two million ton of coal per day from December 1 Jha said adding that all efforts should be taken to till March 31 to achieve the target.

Chairman Jha and additional coal secretary Tiwari visited Basundhara area and also coal mines of Lakhanpur area of Mahanadi Coalfields and reviewed coal mining operations. They were accompanied by B.N.Shukla, CMD and senior management of MCL.

Government mops up ₹ 2,03,221 crore revenue from CIL since FY14

The Government has collected Rs. 203221.12 crore in revenue from Coal India Limited (CIL) in the last six years beginning from financial year 2013-14 up to the last fiscal 2018-19, Union Coal Minister Shri Pralhad Joshi informed the Parliament on Wednesday.

Of the total revenue received, the maximum of Rs. 44826.43 crore was mopped up in 2018-19. In 2017-18, the revenue stood at Rs. 44046.57 crore while in the preceding fiscal, it was Rs. 44068.28 crore.

In 2015-16, the government fetched 29084.11 crore whereas the figure remained at Rs. 21482.21 in financial year 2014-15. In FY 2013-14, it remained at Rs. 19713.52 crore.

In a written reply to the Lok Sabha, the Minister also informed that the consolidated State-wise coal production from the functional coal mines during last six years (2013-14 to 2018-19) remained at 3876.16 million tonnes (MT). In FY 2018-19, it remained highest at 728.718 MT.