RSS Feeds Forgot Password | Register
Mining | May 17, 2012
#19823

CIL's proven mineable reserves rises 3.2 bn t

State-run monopoly coal producer Coal India (CIL)'s mineable reserves increased to3.2 billion tonne in 2011-12, which is a 45 percent growth from the earlier year. Data fromCentral Mine Planning & Design Institute (CMPDIL), theresearch and development wing of CIL, showed.   
 
 Currently, CIL's proven coal reserves, or the areas ready to be mined, total up to about 64 billion tonne, with CMPDIL adding on an average 2.5 billion tonne every year. 
 
 The data has come as a relief to the state-owned monopoly, which missed its revised 2011-12 production target, achieving only 435.84 million tonne against the projected 447 million tonne.
 
 CIL takes four to six months to prepare feasibility and detailed project reports on such reserves, which are then placed before the board for investment clearance.
 
 CMPDIL said it set a record in 2010-11 by carrying out 273,000 metre of drilling, which was 2 percent higher than the previous year's. Drilling by CMPDIL and its contractual agencies touched an all-time high of 498,000 metre in 2011-12, compared with 492,000 metre in the previous year. 

Advertise Here [670 W x 90 H pixels]
Subscribe Project Reporter
  • Sector News

  • Latest News

  • 20 Dec 2014

    NMRC finalises 21 station for Greater Noida metro project

    read more
  • 16 Dec 2014

    Centre approves proposal to ensure quick transfer of land owned by government departments and PSUs for metro rail projects

    read more
  • 05 Dec 2014

    IRB Infrastructure gets provision certificate for Pathankot Amritsar BOT Project

    read more
  • 05 Dec 2014

    MMRDA approves two metro corridor project for Mumbai

    read more
  • 05 Dec 2014

    GOI gives nod to monorail project in Chennai

    read more
  • 18 Nov 2014

    Telangana government plans to take up road development in a big way

    read more
  • 04 Jan 2015

    PM stresses on improving quality of urban governance...

    read more
  • 04 Jan 2015

    Government to build industrial corridors and smart cities...

    read more
  • 04 Jan 2015

    AP to seek Rs 2,000 crore under Swachh Bharat scheme...

    read more
  • 04 Jan 2015

    BHEL gets 1x800 MW Kothagudem power project...

    read more
  • 04 Jan 2015

    BHEL, HSL and Midhani comes together to bid for submarine project...

    read more
  • 04 Jan 2015

    Develop new airports in Arunachal Pradesh: Thangwang Wangham...

    read more
|
Advertise Here [728 W x 90 H pixels]