Coal production from captive mines in the first nine months of the ongoing financial year was up 24% year-on-year (y-o-y) at 40.93 million tonne. However, about 53% of the output came from coal blocks, which were not cancelled by the Supreme Court in its September 2014 order.
Production by CIL declined 5.8% annually to 388.4 million tonnes in the first nine months of FY20, mainly due to excessive rainfall hampering mining operations during the monsoons.
Going ahead with reforms in the coal sector, the centre government now plans to establish a Coal Regulator on the lines of the Telecom Regulatory Authority of India (TRAI) and Central Electricity Authority (CEA).
The Minister for Coal and Mines, Pralhad Joshi, said that supplies from commercially auctioned mines will help meet Coal India’s production shortfall.
He said, the broad idea is to limit the import of coking coal to 100 million tonnes at present consumption levels. “ For the coming 5-10 years, it is expected that the supplies from commercially auctioned mines will meet the demand that Coal India is not able to,” he added.