Thursday, 01 Sep 2011
BL reported that Coal India is trying to achieve 5% growth in output for the current fiscal. This is despite hurdles such as the delay in regulatory clearances and issues relating to land acquisition.
Mr Sriprakash Jaiswal coal minister told the Rajya Sabha that “CIL production has been hit due delays in environment and forest clearances, land acquisition and problems like extremism and law and order. Efforts are being made to raise production by 5% this fiscal.”
He further said that the Group of Ministers was active to sort out the issues such as delays in environmental clearances among others.
Coal India's output over the past couple of years has been largely stagnant. Last fiscal, Coal India's production stood at 431.32 million tonnes.
In the April to July period of current fiscal, dispatches by Coal India to Nalco's captive power plant and aluminium plant were 1.828 million tonne as against the pro rata annual contract quantity of 1.91 million tonne.
sourced from BL
BL reported that Coal India is trying to achieve 5% growth in output for the current fiscal. This is despite hurdles such as the delay in regulatory clearances and issues relating to land acquisition.
Mr Sriprakash Jaiswal coal minister told the Rajya Sabha that “CIL production has been hit due delays in environment and forest clearances, land acquisition and problems like extremism and law and order. Efforts are being made to raise production by 5% this fiscal.”
He further said that the Group of Ministers was active to sort out the issues such as delays in environmental clearances among others.
Coal India's output over the past couple of years has been largely stagnant. Last fiscal, Coal India's production stood at 431.32 million tonnes.
In the April to July period of current fiscal, dispatches by Coal India to Nalco's captive power plant and aluminium plant were 1.828 million tonne as against the pro rata annual contract quantity of 1.91 million tonne.
sourced from BL
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