CIL is taking 360 degree approach to increase Coal production in India. FSAs, strong follow ups with MoEF, railways project and new investments to mention a few.
It’s been in the news for a while that Coal India is struggling to fulfill the shortage of Coal in India. The largest Coal producing company of the world has come out with enough alternatives to work out this situation. Not only CIL has made FSA with about 157 companies for import of Coal, it has also taken important measures to increase Coal production domestically.
CIL is said to be taking follow up for Environment and Forestry regularly for their clearances. During 12th plan, Forest clearance of about 56 proposed projects were obtained from MoEF which contributed 77.5 MnT during FY13. About 193 more proposals covering an area of 29,500 Ha are queued for further clearances. It has obtained about 152 environmental clearance and around 48 projects of a total capacity of 109 MnT await clearances.
CIL has planned an investment of INR 70.4 billion in three major railway structure i.e. in Tori-Shivpur, Mandh-Raigarh/Korba and Golapur-Manoharpur where the development is under various stages. The rail link is about 435 km long and expects to handle 150 MnT by end of 12th plan. It has reached Ministry of Railways to increase number of rail rakes required for transportation.
CIL is now regularly monitoring Coal productions in operational mines and implementation of ongoing and new projects.
Coal production by CIL has improved from 379.46 MnT in FY08 to 452.19 MnT in FY13. Although the company reached closest to their set target in FY09 when it projected a production of about 405 MnT and actually produced about 403.7 MnT; this year the target seems to have missed by about 15 MnT owing to natural disasters and also verdicts on Coal scams.