Coal India to double Production by 2019

News

Bhubaneswar, Nov 10: The Coal India would increase its mining capacity to 1000 million tonne by 2019, doubling its present production of 500 tonnes, said  Union Coal Secretary Anil Swarup on Monday here, while reviewing various projects of Mahanadi Coalfields Ltd (MCL), a subsidiary of CIL.

Talking to media persons here after reviewing the the MCL projects and meeting with the state government officials, Swarup said that the CIL has set a target to explore 1,000 million tonnes coal from various coal mines.

He reviewed the progress of 15 projects of MCL, including Angul-Sukinda common rail corridor, at the meeting today. He said that the coal ministry has set a deadline to complete the railway project by December 2017.

MCL has also aimed at raising the production capacity to 200 million tonne. However, initially, 30-35 million tonnes coal would be transported while it would be increased to 200 million tonnes by 2019.

He expressed satisfaction over the progress of the project in Odisha. The project under the public-private partnership (PPP) model will provide a rail link to the steel and power plants located in Angul, Dhenkanal and Jajpur districts.

Recently, the Container Corporation of India (Concor) decided to invest Rs.156 crore for 26 percent equity to participate in the Angul-Sukinda railway line project. Besides it, Rail Vikas Nigam Limited, Odisha Mining Corporation, JSPL and IDCO have also set up a special purpose vehicle Angul Sukinda Rail Line (ASRL) to develop the project.

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