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Home » News » Govt has urged Coal India to secure an 18 day coal supply for power plants

Govt has urged Coal India to secure an 18 day coal supply for power plants

By November 2, 2021 12:48 pm IST

Govt has urged Coal India to secure an 18 day coal supply for power plants
.

The union minister urges to formulate a strategy to attain 1 Billion ton of coal production by 2024.

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th foundation day function of CIL virtually, Joshi called upon CIL to attain one billion ton production by the end of the year 2024. He directed the CMDs of coal PSUs to formulate revised targets and detailed strategy to attain this goal.

The Minister pointed out that international coal prices have increased more than three times recently which resulted in a 38 per cent decrease in coal imports to India. At the same time, electricity demand has gone up by more than 24 percent indicative of robust economic growth. Complimenting the dedicated manpower of CIL, Pralhad Joshi recalled his recent visits to coal mines in different parts of the country. He said that even during lockdown days due to Covid-19, coal warriors worked round the clock to ensure the energy security of the nation.

Minister of State for Coal, Mines and Railways Raosaheb Patil Danve who also addressed the foundation day and award ceremony virtually, underlined the need to make use of the huge coal deposits available in the country. The minister congratulated CIL for the recent excellent performance and the efforts put in during the COVID-19 pandemic, especially in the social responsibility sector.

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