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CIL Internal Report Shows Delays in 54 Coal Mining Projects

Coal News - Published on Thu, 10 Sep 2020

Image Source: CIL Coal Mine Delays
PTI reported that state owned Coal India's 54 mining projects are running behind schedule mainly on account of delays in obtaining green nod and issues related to rehabilitation and resettlement. In its recent report, CIL said that 123 coal projects costing INR 20 crore and above are in different stages of implementation out of which 69 projects are on schedule and 54 projects are delayed. CIL said that major reasons for the delay in implementation of these projects are delay in obtaining forest clearance and possession of land and issues related to rehabilitation and resettlement.

CIL said that 18 mining projects with a total rated capacity of 132.04 million tonnes per annum and a total investment of INR 21,244.55 crores were approved by the board of CIL and its arms during 2019-20. Nine non-mining projects with a sanctioned capital of INR 855.52 crore were also approved during the fiscal.

The development assumes significance against the backdrop of Coal India eyeing production of 1 billion tonnes by 2023-24.

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Posted By : Yogender Pancholi on Thu, 10 Sep 2020
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