CCAI Newsletter Nov-20

Page 16

DOMESTIC Coal India records 18% increase in coal production in October Coal India Limited, an Indian public sector coal mining and refining firm, has reportedly announced the production of 46.8 MT of coal last month, recording a growth of 18.4 percent. The company had produced 39.5 MT of coal in the same month of the prior fiscal year. The state-owned firm said in the statement that the increase in coal production in absolute terms was 7.4 MT. With its coal production hindered by the COVID-19 pandemic induced slowdown during the first four months of the current fiscal, the company started recording positive growth from August onward on a month-on-month basis. For the first time in the current fiscal, it posted a positive growth of 0.9% in cumulative production till October thus far. Sources cite that the company produced 282.9 MT of coal during April-October, which was 2.5

16 | CCAI Monthly Newsletter November 2020

MT more than that during a similar period the previous year. Though the positive growth in coal production was nominal, the company could wipe off the negative trend and is looking forward to consolidating the positive growth pattern for the rest of the fiscal, a senior official of CIL said.

SC grants time to Centre to file report on impact of commercial coal mining on environment The Supreme Court has granted time to Central government to file a report explaining how commercial coal mining in Jharkhand would not have an adverse impact on the environment. The court expressed its intention to formulate a committee of experts and put an interim stay on the auction of coal blocks. The court was hearing the plea filed by


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