(a) whether Coal India Limited has revised coal production target from fiscal year 2023 to fiscal year 2025;
(b) if so, the details thereof and the reasons for the same;
(c) whether the CIL is planning to invest 10,000 crore in the next few years; and
(d) if so, the details of the areas where funds would be invested and the source of funds raised by CIL for this purpose?
MINISTER OF PARLIAMENTARY AFFAIRS, COAL AND MINES
(SHRI PRALHAD JOSHI)
(a)to(b): Coal production target for Coal India Limited (CIL) upto 2024-25 is as follows:
(In Million Tonnes)
Company 19-20 20-21 21-22 22-23 23-24 24-25
CIL 660.00 710.00 765.00 822.00 880.00 940.00
There has not been any revision of target from fiscal year 2023 to fiscal year 2025.
(c)&(d): CIL has set its Capex target of Rs. 10,000 Crs for FY 2019-20 for investment during the current year and beyond. The major head-wise Capex distribution is as under:
(in Rs Crs)
HEADS Overall
Land 1904.79
Building 436.57
Plant &
Machinery Heavy Earth Moving and Machinery 2283.61
Other Plants & Machinery Underground, Safety, Coal Handling Plants, Washery, Power etc 1584.28
Rail Siding 373.05
Mine Development 1021.71
Others Furniture, Fixture, Office equipment, water supply, Enterprise Resource Planning, Master Action plan Research & Development 1812.79
Exploration/Prospecting 583.21
Grand Total 10000
The fund earmarked for Capex of CIL is managed through its own internal resources.
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