Press Information Bureau

Government of India

Ministry of Coal

07-December-2015 16:21 IST

CIL has assessed a tentative capital  investment of ₹ 57,000 crores for the next five years to ramp-up its coal production to one billion tonnes by 2019-20 from the production level of 494.80 Mt. in 2014-15.  This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy (IC) in a written reply to a question in the Rajya Sabha today.

 The year-wise tentative capital investment projection is as follows:

CIL	2015-16	2016-17	2017-18	2018-19	2019-20	Total
Capital investment (Rs.Crores)	5990.5	8282	14539	14635	13529	56975.50 say 57000

 In the 12^th Plan, target for production of coal set for CIL was as follows: 

Year	Production Target in Mt
2012-13	464.10
2013-14	482.00
2014-15	507.00
2015-16	550.00

 However, for the year 2013-14, against a target of 482 Mte, only 462 Mte was produced by CIL resulting in a shortfall of 20 Mte. With aggressive focus on increasing coal production since June 2014, against the original targetted increase of 25 Mte from 482 Mte to 507 Mte. in 2014-15, production of CIL actually increased by 32 Mte i.e. 128% more than target thereby covering the gap of 7 Mte in production of the previous year 2013-14.

The Minister further stated that the increase of 32 Mte in actual production achieved by CIL in 2014-15 is more than the cumulative increase in production for the previous 4 years   of 31 Mte.

RM/RS-  US806 - RS

Capital investment plan to raise coal production to one billion tonnes by 2019-20 with staged annual funding targets. CIL proposes a capital investment programme of approximately Rs. 57,000 crores over five years with year wise allocations for 2015-16 to 2019-20 to increase coal production to one billion tonnes by 2019-20. The document also records that a 32 Mt increase in 2014-15 exceeded prior targets and addressed a previous shortfall.