Ranchi, Feb. 11: Central Coalfields Ltd (CCL), a Coal India Ltd (CIL) subsidiary, appears set to achieve its production target for the current financial year ending on March 31, PSU chairman-cum-managing director (CMD) Gopal Singh claimed today.
Singh, who was addressing newsmen at the CCL headquarters in Ranchi in the afternoon, added that the coal major had produced 48.99 million tonnes (MT) till date as against the target of 60.6MT for 2015-16. Further, CCL has dispatched 50.88MT of coal so far and is likely to meet the 60.6MT target for the current fiscal.
"The CCL will achieve the target for the current fiscal and will continue to contribute towards CIL's plan to produce and dispatch one billion tonnes of coal by 2019-20," he added.
Singh further said that CCL had commissioned as many as six greenfield projects, including the one, Magadh project, in North Karanpura area in Jharkhand, in the past two-and-a-half years.
Proposed to be developed as the largest opencast mine of Asia, Magadh was commissioned on May 3 last year with an estimated reserve of 51MT, which can go up to 70MT in coming days, he added. "This project is expected to contribute over 2 lakh tonnes of coal in the current fiscal," he said.
Following the modernisation of coal washeries, the production of coking coal has gone up by 9.6 per cent in 2013-14 and 21.4 per cent in 2014-15. Three more washeries are to come up soon. "CCL has plans to set up washeries in all such coalfields that have a production capacity of over 10 lakh MT," he said, adding that the PSU was also considering establishing rejects-based power plants there.
On the company's CSR activities, Singh said that 50 boys and girls belonging to SC and ST families living in CCL's project areas were being trained so that they could get admission to well-known engineering colleges of the country. They have been accommodated in CCL-run schools and hostels.
Moreover, CCL is running a industrial training institute (ITI) at Bhurkunda in Ramgarh district for imparting skill development training to youths belonging to project-affected families. "All the 19 boys of the first batch have been absorbed. While two of them have opted for teaching, the rest have been absorbed by diesel engine manufacturer Cummins India Ltd," Singh said.
