COAL & MINES

Coal India to cross 650 mt production target in FY 20-21

Coal India Ltd would cross the 650 million tonne production mark during financial year 2020-21, Chairman Pramod Agrawal said on Friday. Coal India produced 405 million tonne coal by the third financial quarter ending December 31, 2020, which has a contribution of 101.8 million tonne from Odisha-based Mahanadi Coalfields Ltd (MCL).

The CIL chief said there is need to produce more coal as demand for dry fuel is expected to rise post-Covid-19 pandemic. Agrawal, who was on a day-long visit to the MCL’s Talcher coalfields, inspected mining and coal evacuation operations there.

He said Coal India is giving much emphasis on increasing production as it committed to fulfil the energy needs of the country.

“Need of the country is to produce more and more coal,” Agrawal said, highlighting rising demand for coal to meet energy requirement for revival of industry post-Covid-19 restrictions.

Source
ET Energy World
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