Coal India Projects

The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies

The announcement has come just a day after Coal India saw its profit for the fiscal year 2020-21 (FY21) fall by 23.9%

The power sector accounts for close to 80 per cent of Coal India's total supplies

Along with protest, the union has decided to submit a memorandum jointly to the Prime Minister through the head of the company/area and also through e-mail

Coal despatch to the power sector in the first nine months of the current fiscal was down by 8.1 per cent at 334.27 million tonnes

Though coal production from the captive mine has started, the fuel could not be reached to the thermal power plant due to evacuation bottlenecks, forcing OCPL to stop mining, the official said

Coal Secretary Sumanta Chaudhuri calls upon allottees to go extra mile with govt to operationalise the mines

Further fresh auction of coal mines to private players can also lead to higher competition for Coal India

As many as 89 projects of Coal India are running behind schedule due to reasons such as delay in green clearances and law and order problems, the world's largest coal miner said in a report. Of the 89 delayed projects, 62 are mining projects and 27 are non-mining projects, Coal India (CIL) said in the report. Coal India has ambitious target of raising its annual production to 1 billion tonnes by 2020 from around 550 million tonnes at present. "Out of 120 (mining) coal projects, 58 projects are running on schedule and 62 are delayed," the PSU said. Of the 62 delayed mining projects, 34 are running behind the schedule on account of delays in getting forestry clearances and 17 are delayed because of land acquisition and associated R&R issues. "In addition, seven projects are running behind the schedule due to delay or discontinuance of work or non- participation in tender by contractor, one project due to law and order problem and three projects due to lack .