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CIL to Raise Coal Output to Reduce Import- Mr AK Jha Chairman

Coal News - Published on Thu, 19 Sep 2019

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Economic Times reported that Coal India Limited’s Chairman Mr Anil Kumar Jha told that CIL needs to step up production to meet India’s coal import requirements of 235 million tonnes by overcoming its own constraints and increasingly erratic and taxing climatic conditions. He told “As far as Coal India is concerned, there is absolutely no slowdown. We are not in a position to meet country’s coal demand. Last year, CIL produced 607 million tonnes of coal and the country, as a whole, produced 730 million tonnes. So 83% was from Coal India Ltd. But consumption was 965 million tonnes, so we had to import 235 million tonnes of coal. Demand is increasing and we are trying to bridge the demand supply gap as much as possible.”

He added “India imported 235 million tonnes of coal. Out of this, we will have to import 120 million tonnes, 50 million tonnes of coking coal and 70 million tonnes for power plants in the coastal region, where logic supports coal import. But 150 million tonnes of non-coking coal imports can be reduced by enhancing our own production. Coal’s contribution to electricity generation is 70%, this will reduce with renewable energy’s share growing. But in absolute terms, the quantity of coal won’t reduce because India has a huge requirement of electricity, which will rise from 360 GW to 500 GW.”

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Posted By : Rabi Wangkhem on Thu, 19 Sep 2019
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