Coal India Limited (CIL) has
lowered its production target for the fiscal year to 440 million tonnes from
453 million tonnes – Chairman.
A report by Economic Times quoted N C Jha, chairman, Coal
India, saying as, “We have kept (production target) of at least 440
million tones.”
The chairman cited various
reasons like heavy rainfall, strike and delays in the grant of forestry and
environmental clearances to coal projects for the downward revision in the
production target.
CIL, which accounts for 80 per cent of
domestic coal production in the country, missed its revised production target
last fiscal too, recording an output of just 431 MT.
The gap between indigenous
availability of coal and estimated coal demand to be met through imported coal
is increasing over the years from 52.71 MT in 2008-09 to 150.03 MT in 2011-12 –
Sources
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