Coal India to produce 1 bn tonne of coal by 2024

01 Nov 2019 Editorial Team

Coal India (CIL) will produce 750 million tonne of coal by FY2020-21 and would further produce 1 billion tonne of coal in FY2023-24, announced Minister of Coal & Mines Pralhad Joshi. This announcement was made during the minister’s address at the 45th Foundation Day of CIL in Kolkata.

CIL is currently given the target of producing 660 million tonne of coal amounting to 82 per cent of the country’s coal output. CIL is also likely to offer around 10,000 new jobs to boost employment. The minister has directed CIL to take the necessary steps to achieve this goal in light of the growing energy requirements of the country and has assured it all possible help from the coal ministry in this regard.

“It is heartening to know that Coal India has planned for huge capital investments for its works and expansion programmes, along with bringing in new technologies in its operations. The company will also be on hiring personnel and I am hopeful that it will achieve all assigned goals on time,” Pralhad Joshi said, as per a PIB release.

The minister said that with the demand for power rising steeply, there is enough opportunity for both government and private sectors to produce coal without adversely impacting each other. Referring to the Central Government’s recent decision of 100 per cent FDI under automatic route in coal sector, as one of the much-needed structural reforms in the sector, he said that it will minimise the volume of coal import and will be mutually beneficial. The minister sought to allay the fears of domestic players and labour unions by reiterating that FDI in coal does not stand for FDI in Coal India.

During his address, he urged CIL to get associated Jal Shakti Abhiyan to conserve water and provide treated mine water to the populace living in and around coal mining areas. The minister also enumerated the milestones in policy reforms of the government like introduction of e-auction for allocation of captive coal blocks, Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI), third party sampling of coal, re-gradation of coal mines in India, etc.

Coal India (CIL) will produce 750 million tonne of coal by FY2020-21 and would further produce 1 billion tonne of coal in FY2023-24, announced Minister of Coal & Mines Pralhad Joshi. This announcement was made during the minister’s address at the 45th Foundation Day of CIL in Kolkata. CIL is currently given the target of producing 660 million tonne of coal amounting to 82 per cent of the country’s coal output. CIL is also likely to offer around 10,000 new jobs to boost employment. The minister has directed CIL to take the necessary steps to achieve this goal in light of the growing energy requirements of the country and has assured it all possible help from the coal ministry in this regard. “It is heartening to know that Coal India has planned for huge capital investments for its works and expansion programmes, along with bringing in new technologies in its operations. The company will also be on hiring personnel and I am hopeful that it will achieve all assigned goals on time,” Pralhad Joshi said, as per a PIB release. The minister said that with the demand for power rising steeply, there is enough opportunity for both government and private sectors to produce coal without adversely impacting each other. Referring to the Central Government’s recent decision of 100 per cent FDI under automatic route in coal sector, as one of the much-needed structural reforms in the sector, he said that it will minimise the volume of coal import and will be mutually beneficial. The minister sought to allay the fears of domestic players and labour unions by reiterating that FDI in coal does not stand for FDI in Coal India. During his address, he urged CIL to get associated Jal Shakti Abhiyan to conserve water and provide treated mine water to the populace living in and around coal mining areas. The minister also enumerated the milestones in policy reforms of the government like introduction of e-auction for allocation of captive coal blocks, Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI), third party sampling of coal, re-gradation of coal mines in India, etc.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..