Singareni Collieries Company Limited (SCCL) expects the coal production to touch 85 million tonnes per annum in the next five years as it plans to open up 12 new mines. The company transported 46.7 million tonnes of coal as on December 2017 against 42.7 million tonnes for the first nine months of the fiscal. The production was pegged at nearly 42 million tonnes.
SCCL’s Chairman and Managing Director said the following,
“During the past three years (since the formation of Telangana), SCCL has been showing an average growth of 7 per cent. As many as 12 new mines will be opened up and with that the production will touch 85 million tonnes in the next five years.”
The production and coal dispatches may touch 2.10 lakh tonnes and 2.15 lakh tonnes a day, respectively, during the next three months.
In the wake of the Telangana government’s decision to supply 24-hour free power to agricultural pump sets in the state from today, SCCL is geared up to supply coal to all the power plants which have tie-ups for fuel supply.