Question : INVESTMENT IN COAL PRODUCTION



(a) whether Coal India Limited (CIL) has proposed to invest the additional funds to enhance the coal production in the next five years;

(b) if so, the details of funds that are likely to be invested and the quantity of additional annual coal production estimated as a result thereof;

(c) whether any decision regarding use of this additional coal has also been taken; and

(d) if so, the details of the decision and the names of the industries being provided priority for supply of coal?

Answer given by the minister


MINISTER OF STATE FOR COAL (SHRI PRATIK PRAKASHBAPU PATIL)

(a) & (b) : Yes Sir. As per the XIIth Plan (2012-17) document of Ministry of Coal, CIL have proposed for an investment/capital outlay of Rs.25400.00 crores for the plan period. In addition, CIL has also kept an ad-hoc provision of Rs.35000.00 crores for acquisition of assets abroad and development of coal blocks in Mozambique. As per the XIIth Plan 2012-17 document, the coal production is envisaged to increase from 435.84 million tones (Provisional) in the terminal year of XIth plan i.e. 2011-12 to 615 million tones in the terminal year of XIIth Plan i.e. 2016-17. Thus, it is expected that there may be an average increase of about 36 Million Tonnes coal per annum during XIIth Five Year Plan.

(c)&(d) : The additional coal that would be produced in the next five years is envisaged to be used to meet the domestic demand of various sectors like power, steel, sponge iron, cement.