Central Coalfields Limited gets to its target of 55 MT production
Central Coalfields Limited (CCL) today said it has become the first subsidiary of Coal India to achieve its production target as well as growth in raw coal output.
CMD Gopal Singh said, “The company has registered unprecedented growth of 11.2 per cent in raw coal production and 65 per cent growth in overburden removal (OBR) in the 2014/15 fiscal.”
Coal production had stagnated at around 48 MT for four consecutive financial years from 2009-10 to 2012-13 due to “acute shortage” of land. Singh said the target of coal production for 2014-15 was 55 MT and the company notched up a double-digit growth rate with production of 55.64 MT.