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CMPDIL's Adds 6.6 Billion Tonnes of Coal to Proven Category

Coal News - Published on Mon, 19 Aug 2019

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ET reported that Coal India arm, Central Mine Planning & Design Institute Ltd, prepared 24 geological reports on coal blocks and added additional coal resources of about 6.6 billion tonnes to the ‘proven category’ during 2018-19. Addition to proven reserves last year was considerably higher than the average rate reported in the last few years the company said in a statement.

During FY 2018-19 CMPDI reported a INR 1274 crore turnover with growth of about 10% over the previous year.

During 2018-19, CMPDI through departmental drills carried out 5 lakh meter of drilling with productivity of 619 per drill per meter, which is the highest in the history of CMPDI with a growth of about 11 % over previous year. This was achieved by adopting modern technology.

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Posted By : Sanju Moirangthem on Mon, 19 Aug 2019
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