India: CIL meets more than 90% of its Supply Commitment 

Coal India Limited (CIL) has been meeting more than 90% of its supply commitment as against the Annual Plan target finalized by the Ministry of Coal/ Planning Commission. The details of commitment and supply made by CIL during the last three years and in the current year (Upto July, 2013) are as under:  

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(in Million Tonnes)      
Year Supply Plan Target Actual Supply % Mat
2010-11 460.5 424.5 92%
2011-12 452 433.08 96%
2012-13  (Provisional) 470 465.19 99%
2013-14 (up to Jul'13) (Provisional) 156.86 153.47 98%

The gap between demand and supply of coal in the country is to be met through coal imports. Considering the gap between coal demand and indigenous availability,

Government of India has placed coal under Open General License (OGL) to facilitate import of coal freely by anyone in the country on payment of applicable duties.  Over the years, the Government has also reduced the import duty on coal to 0% for coking coal and 5% for non-coking coal in 2004-05. Further, in the Union Budget for 2013-14, in respect of steam coal and bituminous coal, Government has reduced the import duty to 2% and has levied countervailing duty of 2%.

 

            

In the draft Annual Plan for 2013-14, Ministry of Coal/Planning Commission has assessed the demand of coal in the country as 769.6 MnT.  Against this demand, supply plan from indigenous sources has been planned to be 614.5 MnT with a

demand-supply gap of 155 MnT which is envisaged to be met through imports by consuming sectors.  This information was given by the Minister of State for Coal, Shri Pratik PrakashBapu Patil in a written reply in Rajya Sabha.


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