Coal India achieves near-target performance

Union Minister of State for Coal Pratik Prakashbapu Patil on Wednesday said Coal India Limited (CIL) has achieved over 97 per cent of its 2011-12 production target. The minister informed parliament in a written reply that in respect of the target of 447 million tonnes set for the annual plan of 2011-12, the state miner actually produced 435.8 million tonnes, which was 97.5 per cent of the plan target. Similarly, the Singareni Collieries Co Limited (SCCL), jointly owned by the union and Andhra Pradesh governments, with an actual production of 52.2 million tonnes had an achievement rate of over 102 per cent for 2011-12. While CIL is the country’s biggest coal miner accounting for over 80 per cent of the country’s production, SCCL’s proven coal reserves, which stretch for 350 km in the Godavari valley of Andhra Pradesh, amount to a massive 8,791 million tonnes. The minister further informed that coal companies under the ministry are subjected to a regime of periodic reviews and production is monitored on a daily and monthly basis at both area and company levels. Other public sector coal companies reached 76 per cent of the production target for 2011-12 with a combined production of 2.702 million tonnes. From gulftoday