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Singareni Collieries Company Limited Targets 85 Million Ton Coal Production in Next Five Years in India

 

 

January 1, 2018 - In India, Singareni Collieries Company Limited (SCCL) today said it expects coal production to touch 85 million tonnes per annum in the next five years as it plans to open up 12 new mines. 


According to a statement issued by SCCL, the company transported 46.7 million tonnes of coal as on December 2017 against 42.7 million tonnes for the first nine months of the previous fiscal. The production was pegged at nearly 42 million tonnes. 


"During the past three years (since the formation of Telangana), SCCL has been showing an average growth of 7 percent. As many as 12 new mines will be opened up and with that the production will touch 85 million tonnes in the next five years," SCCL's Chairman and Managing Director N Sridhar said. 


He further expressed hope that the production and coal dispatches may touch 2.10 lakh tonnes and 2.15 lakh tonnes a day, respectively, during the next three months. 


In the wake of the Telangana government's decision to supply 24-hour free power to agricultural pump sets in the state from today, the PSU is geared up to supply coal to all the power plants which have tie-ups for fuel supply, he added.