High Opex in Coal Mining
Parliamentary committee flags concerns
The parliamentary standing committee on coal and steel said that the issue of high-operating costs of coal mines run by the PSUs requires the union coal ministry’s “serious consideration”. During FY19, the lowest operating cost of an open cast (OC) mine owned by Coal India Ltd (CIL) was Rs 455 per tonne, while the highest cost was pegged at Rs 1,890 per tonne. For underground (UG) mines, operating costs ranged between Rs 4,880 and Rs 27,051 per tonne.
The coal ministry informed the panel that CIL has taken the following measures to
