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Web Exclusive | February 2013

CIL may miss output target for 2012-13 by 12 mn t

In 2012-13, state-run miner Coal India (CIL) may miss its production target by 12 million tonne (mn t) as it may be able to produce only 452 mn t during the year, Chairman S Narsing Rao informed.

It may be noted that the monopoly coal producer earlier set an annual production target of 464 mn t. The company cited lower production in the October-November period owing to heavy rain for its inability to meet the production target this financial year.

Further, the production suffered because of the recent two-day nationwide strike by trade unions, he said. In the first ten months of the current financial year, CIL has recorded a production of 355.51 mn t, Rao said.

But the company hopes to meet the annual off-take target of 470 mn t during 2012-13 and said it is well on target because of improved rake availability. During the April-January period of the current financial year, CIL has registered an off-take of 379.21 mn t.

The firm has been able to improve monitoring and also there is better coordination with the railways, resulting in improvement in rake availability. During the year, there is around 11 per cent growth in rake availability in the year on an average. However, it still needs to be improved, Rao said.

The average rake availability has been about 215 per day in February as against 193 in February last year.

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