Ranchi: Central Coalfields Limited (CCL), the Jharkhand-based subsidiary of Coal India Limited(CIL) on Friday claimed to have shattered all its previous records to register the highest-ever performance in coal production and dispatch during fiscal 2021-22.
The company’s coal production stood at 68.85 Million Tonnes (MT) while coal dispatch was 71.86 MT during fiscal 2021-2022 respectively. These figures are the best registered by the company since its inception.
The company witnessed an unprecedented growth of 10 percent in raw coal production compared to last fiscal. The average rake loading also registered a 4 percent growth. The Capital expenditure of the company was Rs 2000 crores in fiscal 2021-22, which is a growth of 15 percent compared to last fiscal. The company paid Rs 899.10 Crores as land compensation in FY 2021-22 and carried out plantation in 133 Hectare against a committed target of 110 Hectares in FY 22.
CMD, CCL PM Prasad in a press conference on Friday said that going forward for the next fiscal the company has set a target to achieve 76 MT of coal production and also attain the goal of 76 MT of coal dispatch.
He said that this performance of the company gains added relevance because of the post Covid-19 challenges and the nation’s increasing demand of coal. He said that this performance is a testimony of perseverance and dedication of the energy warriors of the company. He further added that the company under the leadership of Union Coal Minister Pralhad Joshi and his team and the guidance of Chairman Coal India Pramod Agrawal is committed to fulfill the ‘Atma Nirbhar Bharat’ Vision of Prime Minister Narendra Modi.
He expressed his gratitude to the state government and local district administrations for their continuous support. He further acknowledged the cooperation extended by trade union representatives, public representatives, villagers and the stakeholders of the company.
CCL mining areas is spread out in 8 districts of Jharkhand including Ranchi, In Jharkhand, CCL is one of the biggest contributors to the state exchequer and working in inclusive growth of the state.
The company is also a pioneer in CSR and implements various welfare schemes for the benefit of the stakeholders. This year also company signed an MOU with Akshaya Patra Foundation for establishing a community kitchen at Ramgarh which will provide Mid-Day meal to about 50,000 students of the government schools of Jharkhand.