Coal India Ltd’s offtake during April and May has increased 6.2 per cent to 76.53 million tonnes compared to the same month last year, said the Coal Minister, Mr Sriprakash Jaiswal.
Production has increased 5.6 per cent to 69.3 mt during the same period.
Mr Jaiswal said that there have been no discussions to implement price pooling mechanism for coal.
“We are in dialogue to see if Coal India can facilitate import of coal. But the Ministry is confident that the miner will be able to meet the target set by the Planning Commission. We are working out the modalities,’’ said the Coal Secretary, Mr S.K. Srivastava.
The Ministry has recently allocated additional 116 mines to Coal India. “The reserves in these blocks are being surveyed,’’ Mr Srivastava said.
These blocks may not be utilised to meet the 12th Five-Year Plan coal target.