NITI Aayog reviews CIL’s offer to produce 1 bn tonnes of coal by 2025-26
A meeting was organized under NITI Ayog to review mission of CIL to produce 1 bn tonnes of coal by 2025-26
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New Delhi, December 3: A meeting was organized under chairmanship of CEO, NITI Ayog to review, discuss the mission of Coal India Limited to produce 1 billion tonnes of coal by 2025-26. Coal is the primary domestic fuel for India, and the largest commodity transported across India; thus the mining, supply of coal is vital for growth of Indian economy.
With the thrust of Ministry of Commerce and Industry on development of evacuation infrastructure and the work being undertaken by Ministry of Railways, Ministry of Road Transport and Highways and Ministry of Ports Shipping and Waterways in that direction, production capacity of coal is ahead of the domestic demand.
Rail remains the dominant evacuation mode for coal with the aim to expand its modal share from 64% to 75% by FY 2030. To cater to increased coal dispatch in Chhattisgarh and Odisha, 14 railway infrastructure projects are under implementation in lines with GatiShakti principles. In order to promote coal production by private companies, railways have also taken steps such as reduction in conversion fee from private siding to private freight terminal from Rs 1 Cr to Rs 10 Lac.
Ministry of Railways has developed Freight Operations Information System (FOIS) to monitor movement of freight trains which also calculates freight.
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A similar facility named Port Community System (PCS) has been developed by Ministry of Ports Shipping and Waterways to provide a platform for secure exchange of information between government agencies, terminal operators and traders.