Investment for coal development in Indian

Wednesday, 30 Nov 2011

Mr Pratik Prakashbapu Patil minister of state in the ministry of coal informed the Rajya Sabha that following steps are being taken by Coal India Ltd to enhance coal production and productivity:-

1. Improving capacity utilization by improvement in efficiency and modernization.
2. Implementation of ongoing projects in a time bound manner to achieve targeted production as per schedule.

3. Efforts being made by all the subsidiaries for obtaining Environment/ Forest Clearance (EC/FC) within the scheduled time frame so that projects could start production in time.

4. Continuous liaisoning with the State Government agencies to acquire land for identified & expansion projects.

As per available information, the coal imports by various consumers, during the last three years, were as under:-

The following steps were taken/are being taken by Coal India Limited to encourage private investments for coal development and to acquire new technologies:

1. Seven green field underground coalmines / blocks have been identified for development, construction and operation at high capacity with state of the art technology on turn-key basis.

2. 18 abandoned / derelict underground mines with estimated reserves over 1600 MT, not been worked for reasons of safety and economy, have been identified for salvaging, rehabilitation and operation with risk-gain sharing basis.

Thrust on automation and use of Information Technology in opencast mines. 11 existing mines are to be equipped with Operator Independent Truck Dispatch System for which tendering has been done.