CCL gets to its target of 55 MT production

Central Coalfields Limited (CCL) today said it has become the first subsidiary of Coal India to achieve its production target as well as growth in raw coal output.
CMD Gopal Singh said, "The company has registered unprecedented growth of 11.2 per cent in raw coal production and 65 per cent growth in overburden removal (OBR) in the 2014/15 fiscal."
Coal production had stagnated at around 48 MT for four consecutive financial years from 2009-10 to 2012-13 due to "acute shortage" of land. Singh said the target of coal production for 2014-15 was 55 MT and the company notched up a double-digit growth rate with production of 55.64 MT.

Complete transparency, ethical behaviour and a philanthropic approach have been instrumental in the change in the mindset of stakeholders, Singh said, adding that villagers have shown faith in the company and are giving up land for new projects.
CCL also logged a growth rate of 6.2 per cent in despatch in 2014-15, hitting an all-time high figure of 55.34 MT, he said.
The OBR removal in 2014-15 stood at 97.37 million cubic metre, also a life high in the company's history, the CMD said.