Coal India to cross 650 mt production target in FY 20-21

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Bhubaneswar: Coal India to cross the 650 mt production target in FY 20-21. Coal India Ltd would cross the 650 million tonne production mark during the financial year 2020-21, Chairman Pramod Agrawal said on Friday.

Coal India produced 405 million tonnes of coal by the third fiscal quarter ending December 31, 2020, which has a contribution of 101.8 million tonnes from Odisha-based Mahanadi Coalfields Ltd (MCL).

The CIL chief said there is a need to produce more coal as demand for dry fuel is expected to rise post-Covid-19 pandemic.

Agrawal, who was on a day-long visit to the MCL’s Talcher coalfields, inspected mining and coal evacuation operations there.

He said Coal India is giving much emphasis on increasing production as it committed to fulfilling the energy needs of the country.

“Need of the country is to produce more and more coal,” Agrawal said, highlighting rising demand for coal to meet the energy requirements for the revival of industry post-Covid-19 restrictions.

There was a sudden fall in demand for coal due to the pandemic, which had forced subsidiaries to slow down production and focus on other related works like removal of overburden and strengthening of infrastructure for coal transportation.

He appreciated MCL for commendable growth in all the major parameters of production, despatch, and overburden removal.

“MCL has done very good till now, but more challenges are ahead,” said Agrawal, who also laid the foundation stone of Bhubaneswari coal handling plant (CHP) Phase II, which is part of First Mile Connectivity (FMC) projects in MCL.

Bhubaneswar CHP Phase-II, having an estimated cost of Rs 247 crore, will have a coal handling capacity of 15 million tonnes per annum.

MCL Chairman-cum-Managing Director P.K. Sinha, along with Director (Technical/Operations) O.P. Singh and Director (Personnel) Keshav Rao accompanied the Chairman during his visit.

Earlier at a meeting with the leaders of MCL’s trade unions, Agrawal appreciated their constructive role towards the growth of the country.

–IANS

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