CIL expects output from the South Eastern Coalfields

21 Nov 2022 CW Team

Despite the underperformance of the public-sector undertaking's subsidiary, the coal ministry and Coal India (CIL) are counting on South Eastern Coalfields (SECL) to meet the output target for 2022-23 (FY23). CIL, which accounts for more than 80 per cent of domestic output, has set a 700 million tonnes (MT) target for FY23.

In FY22, SECL's output fell short of the annual plan by more than 5 per cent. Last year, the company set a target of 150 MT. It could, however, extract 142.5 MT. The Bilaspur-based firm fell to second place in production among CIL's eight entities. Mahanadi Coalfields, based in Odisha, took the top spot.

This fiscal year, SECL has set a target of 182 MT. The coal ministry and CIL are keeping a close eye on the situation.

Also read:
India’s mineral output in Sept ’22 shows 4.6% growth
CIL targets 50 MT e-auction coal sales in 2nd half of fiscal

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..