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According to the mid term appraisal of the Planning Commission it has been estimated that by the terminal year of the Tenth Plan (2006-07), Coal India Ltd. (CIL) and its subsidiaries will be able to achieve a revised target production of 373 million tonnes (MT) as against the original target of 350 MT.
To achieve this revised target. CIL and its subsidiaries have proposed to make an investment of Rs.10975.13 crore. To meet the revised demand projections, the raw coal production target for CIL and its subsidiaries have been revised upwards to 373 MT by the terminal year of the tenth Plan which is 23 MT over and above the original target. With the revised target, the Planning Commission estimates that by 2006-07, the supply demand gap in the country would be of the order of 41.68 MT as against the original estimate of 55.5 MT
This information was given by the Minister of State for Coal & Mines, Dr. Dasari Narayana Rao, in a written reply in the Rajya Sabha, today.
DS/DCG
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