Coal India to produce one billion tonne of coal by 2024: Target announced by Shri Pralhad Joshi on 45th Coal India Foundation Day

Minister of Coal & Mines, Shri Pralhad Joshi said that the Coal India Limited (CIL) will produce 750 million tonnes of coal by the Financial Year 2020-21 and would further produce one billion tonneof coal in the financial year 2023-24. The Minister announced this target during his address at the 45th Foundation Day of CIL in Kolkata today. The CIL is currentlygiven the target of producing  660 million tonnes of coal amounting to 82% of the country’s coal output. The CIL is also likely to offer around tenthousand new jobs to boost employment.Shri Joshi directed CIL to take necessary steps to achieve this goal in light of growing energy requirements of the nation and assured CIL of all possible help from the Ministry of Coal in this regard.

“It is heartening to know that Coal India has planned for huge capital investments for its works and expansion programs, 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.” the minister said.