Coal Demand To Increase In Post-COVID Period: CIL Chief
Bhubaneswar, Jan 8: Coal production in the country requires to be scaled up as demand for the dry fuel is expected to increase with increasing financial activities in the post-COVID age, an authorities said on Friday.Coal India Ltd chairman and managing director Pramod Agrawal stated the miner is stressing on raising its output as it is committed to fulfil the energy requirement of the country.
Agrawal checked mining operations at Talcher belt of Mahanadi Coalfields Ltd (MCL), a subsidiary of CIL, in Odisha.” The nation’s need is to produce increasingly more coal,” he said, highlighting the prospect of need surge for the dry fuel with increasing industrial activities in the post-COVID duration.
There was a sudden fall in demand due to the pandemic, which had actually required the miner’s subsidiaries to slow down production and focus on other works like removal of overburden and fortifying of transport infrastructure.The Maharatna PSU will cross the 650 million tonne production mark throughout the 2020-21 financial year, he said.
Agrawal appreciated MCL for achieving development in all the major specifications of production, dispatch and overburden removal.The coal leviathan had produced 405 million tonne by the end of 3rd quarter of the existing financial, and Odisha- based MCL’s contribution was 101.8 million tonne.
Agrawal laid the foundation stone of Bhubaneswari coal handling plant (CHP) phase II, which becomes part of the very first mile connection (FMC) jobs in MCL.Bhuabneswari CHP phase-II with an estimated cost of Rs 247 crore will have a coal managing capacity of 15 million tonne per year.
MCL chairman-cum-managing director P K Sinha and other senior officials existed during Agrawal’s visit.The CIL chief appreciated leaders of trade unions in MCL for their useful function towards the growth of the business.
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