Changes for page Coal India Ltd
Last modified by Asif Farooqui on 2021/03/09 07:56
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... ... @@ -31,25 +31,21 @@ 31 31 * CCL has one subsidiary 32 32 ** Jharkhand Central Railway Ltd 33 33 34 +== Strategic Relevance == 34 34 35 -Strategic Relevance 36 - 37 37 Produces around 83% of India’s overall coal production in India where approximately 57% of primary commercial energy is coal dependent, CIL alone meets to the tune of 40% of primary commercial energy requirement. The share of coal is expected to remain high at 48-54% till 2040. Accounts for 76% of total thermal power generating capacity of the Utility sector. Supplies coal at prices discounted to international prices. Insulates Indian coal consumers against price volatility. Makes the end user industry globally competitive. Plays a key role in “Make in India” and making India incorporate globally competitive. 38 38 38 += Production and Growth = 39 39 40 -Production and Growth 41 - 42 42 During 2018-19, CIL produced 606.89 Million Tonnes (MTs) of coal – an increase of 39.52 MTs over last year. CIL for the first time has breached the 600 Million Tonne (MT) mark in coal production registering a growth of 6.97% over the previous year. There has been around 7% growth in coal production during the year, nearly a threefold increase compared to the last fiscal’s output growth of 2.4 %. It is pertinent to mention that CIL leaped from 500 MT to 600 MTs in merely three years whereas it took the company seven years to migrate from 400 MTs to that of 500 MTs. Raw coal off-take Financial Year ending 31st March 2019 was 608.14 MT, an increase of 27.85 MTs over the previous year. Coal & coal products dispatch to power utilities (including special forward e-Auction) was 491.54 MTs. CIL is committed to play major role in achieving the Nation energy security. ‘Vision 2030’ for the coal sector in the country envisages a growth of about 7.6 percent till FY 24-25 to meet coal demand of the country. To achieve the projected growth in production CIL has identified major projects and assessed their related issues. 43 43 42 += Projects = 44 44 45 -Projects: 46 - 47 47 There are 119 ongoing Mining projects having annual capacity 0f 608.5 MT which have contributed 304.67 MT in the year 2018-19. Other than this, there are 85 completed mining projects having annual capacity of 185.20 MT Fifty-five (55) new future projects, with a targeted capacity of 195 MTs have been identified in FY 2018-19 to augment coal production of CIL to 1 billion tonnes by FY 2025-26 48 48 46 += Products & Services = 49 49 50 -Products & Services 51 51 52 - 53 53 COKING COAL : 54 54 55 55 These coals, when heated in the absence of air, form coherent beads, free from volatiles, with strong and porous mass, called coke.