CCL registers 12% growth in coal production
Central Coalfields Limited (CCL) has registered a growth of 12 per cent in production during this fiscal, the highest among all coal companies in the country.
An arm of Coal India, CCL is the only coal company in the country to have continued with double digit growth in the dry fuel production in successive years, CMD Gopal Singh said adding that the growth rate of the previous fiscal was 11.3 per cent.
The company has produced 48.998 million tonne of the dry fuel till date as against a target of 60.6 MT for this fiscal, according to a company release.
CCL has also established a new record in the dispatch of 50.883 MT output while its stock has come down to 7.67 MT from the April 1, 2010 stock of 16.41 MT.
“These achievements have become possible due to the cooperation and contribution of all stake holders,” Singh said.
He committed to the CCL’s significant contribution to the CIL’s plan of achieving one billion tonne production and dispatch by 2019-20.
The Chairman-cum-Director also announced that all the 19 students of CCL’s Bhurkunda-based Industrial Training Institute were absorbed by Cummins Company.
Six Greenfield projects having 40 MT capacity would be expanded to 100 MT, the release said.