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Kolkata May 27 The meeting held here recently between senior executives of Coal India Ltd (CIL) and the Railways to find out ways to liquidate pithead coal stocks of CIL ended with a commitment that both CIL and the Railways will act jointly to overcome the present impasse.

CIL began 2007-08 with an accretion of 42.8 million tonnes (MT) of coal at its pithead.

Wagon availability

A CIL source said that having earmarked 2007-08 as `Year of Offtake' CIL seeks to evolve a system with the Railways to spread the availability of wagons matching with the seasonal fluctuations in production.

Generally there is a sluggish trend in coal production during monsoon. The mismatch between requirement of wagons and their availability in peak production months is a major concern for CIL and results in accumulation of coal stock at pithead.

It is pointed out that to transport the coal , CIL is expected to load 24,392 Four Wheeler Wagons (FWWs)/per day in 2007-08 from 21,927 FWWs/day achieved during the previous fiscal — a growth of 11 per cent.

Wagon requirement by the terminal year of XI Plan (2011-12) is expected to be around 32,500 FWWs/day, calling for annualised growth of more than 7 per cent in the coming years.

Of the total coal traffic of 314 MT by the Railways in 2006-07, Coal India's contribution at 199 MT accounted for 63.4 per cent.

Of the total revenue earnings of the Railways, coal accounted for 37.9 per cent with Rs 15,830 crore.

More Stories on : Coal | Railways

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