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      Home› news › News and Press Release › 2015 › December, 2015 › This
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      News and Press Release

      Investments by CIL to Increase Coal Production

      December 7, 2015

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      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 12th 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

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