Coal India (CIL) doesn’t view commercial mining as competition to the PSU miner since 54% of the country’s entire coal resource of 319 billion tonne would remain under its control as also having an edge over other companies with ready mechanism for quality and timely supplies.
“Commercial coal mining is not going to adversely impact the production or profitability of the company. Key issues which will help improve to stay ahead of the competition include uniform quality of coal, cost efficiency in production and reliable timely delivery schedule. Introduction of higher degree of mechanised mining and increased supplies are other focus points,” CIL chairman and managing director Pramod Agarwal said, adding the company is confident of retaining its flagship position as the country’s leading coal producer, notwithstanding the opening up of the coal sector to private players for commercial mining.
