Coal India Chairman N C Jha on Tuesday said
production in August and September was hit by rain, but expressed hope that the
projected target of 452 million tonnes for the entire fiscal will be met.
There was a shortfall in production in the Eastern Coalfields and Bharat
Coking Coalfields due to heavy rainfall in August and September, Jha said
on the sidelines of the company's 37th AGM.
This year, rainfall was 1.5-3 times more than the normal rainfall and caused
heavy damage to roads and mines in Orissa, West Bengal and Jharkhand, leading
to lower coal production.
Jha said despite production hit, the plan to revive 18 abandoned mines of CIL
through PPP model could not take off as bidders were cautious about viability
with the tender terms.
Asked if the abandoned mines could be leased out, Jha said it was not possible
because of the people staying in the vicinity of the mines.
Jha said the process of rationalisation of linkages had already begun and that
once a policy is framed, allocations would be done.
Leave a Reply