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Coal India banks on South Eastern Coalfields for output in Chhattisgarh

CIL has set a target of 700 million tonnes (MT) for FY23

Photo: Bloomberg
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(Photo: Bloomberg)

R Krishna Das Raipur
The coal ministry and Coal India Ltd (CIL) are reckoning on South Eastern Coalfields Ltd (SECL) to achieve the output target for 2022-23 (FY23) despite the underperformance of the public-sector undertaking’s subsidiary.

CIL, which accounts for more than 80 per cent of domestic output, has set a target of 700 million tonnes (MT) for FY23.

SECL’s output fell short by over 5 per cent against the annual plan in FY22. The company targeted 150 MT last year. However, it could extract 142.5 MT.

The Bilaspur-headquartered company slipped to second place in production among the eight entities of CIL.

Odisha-based Mahanadi