Coal Minister Sriprakash Jaiswal is expected to review the performance of state-owned CIL, which has been missing production target, in a meeting likely on August 7.
“The meeting under the chairmanship of Coal Minister Sriprakash Jaiswal to review the performance for Coal India Ltd (CIL) is likely on August 7,” a top Coal Ministry official said.
The meeting will be attended by officials of the Coal Ministry and CIL Chairman and Managing Director S Narsing Rao among others, the official said.
The meeting, which was scheduled for July 25, got postponed due to the minister’s other engagements.
CIL had missed its output target and produced 32.57 million tonnes (MT) of coal in June. Its production target for the month was 35.23 MT.
The maharatna firm had also missed its offtake target of 39.85 MT in June. Output in the April-June quarter was 102.87 MT, as against 106.88 MT.
The miner had produced 452.5 MT of coal in the previous financial year, compared with a target of 464 MT.
The Coal Ministry has set production target of 482 MT and offtake of 492 MT for CIL for 2013-14. PTI