PMO to oversee monthly coal output from captive blocks
In a bid to enforce the owners to enhance coal production from their allotted blocks, the Prime Minister's Office (PMO) henceforth will monitor the monthly output/dispatches data of all the blocks, which have reached the production stage, India Coal Market Watch (ICMW) quoted an industrial source as saying.
'We have received instructions from a wing of Ministry of Coal that now onwards we need to provide coal production and dispatch data to Prime Minister's Office on the first day of every month,' ICMW reported quoting the source.
He said the process begun since November 26 last as per which captive block owners have started providing their actual production and dispatch figures upto 25th of a month and a plan of production/dispatch for remaining 5-6 days of the month so that a provisional figure for that month is arrived at and send to PMO's office by 1st of subsequent month (in this case by December 1), the official said.
Meanwhile, India's coal production in October rose to 22.74 per cent following improved weather condition, according to a provisional data available with ICMW.
The production in October jumped to 43.99 million tonne (mt) from a low of 35.84 mt reported in September and also up from 39.66 mt registered in October 2011, the data revealed.
However, the production in October was nearly 10 per cent lower than the target of 48.80 mt for the month.
The country's total coal production during the first seven months (April-October) of 2012-13 stood at 281.75 mt, up 8.63 per cent compared to 259.36 mt reported during the corresponding period of 2011-12.
The production during the first seven months was 6.15 per cent or 18.47 mt lower than the target of 300.22 mt for the period.