With the coal demand from power sector exceeding the supply in 2018, the government is hopeful of higher output in the new year from already allocated mines and plans to further allot 10 mines to state-run behemoth Coal India Ltd (CIL) in 2019.
Of the 85 mines already allotted, 23 have already started production and the Coal Ministry expects 20 more mines to begin production in the current financial year ending March 2019 or early in the next fiscal.
“This will increase our production substantially… This will also address additional coal demand from power sector,” Coal Joint Secretary Ashish Upadhyaya told .
Moreover, the government also plans to allot 10 mines to CIL in 2019, he said. This would be in addition to 10 mines allotted to the PSU this year.
“Our aim is to make all subsidiaries (of CIL) 100 million tonnes plus units in the long term,” he said. Read More