Oraon, during the discussion, also demanded an extension of GST compensation for the next five years.
“In the next three-four years, most of the evacuation exercise will be mechanised,” said Agrawal.
On Wednesday, Coal India Ltd (CIL) said that its capital expenditure grew 33 per cent to Rs 7,027 crore in April-September FY23 as compared to the year-ago period.
The consolidated expenses of the coal behemoth increased to Rs 23,770.12 crore from Rs 20,424.52 crore in the year-ago period.
The solar plant will be set up in a 2,000-MW solar park being developed by RVUNL in Poogal, Bikaner.
Pramod Agarwal, Chairman of Coal India, the country’s largest coal producer, in an interaction with Rakesh Kumar, talks about the country’s coal availability future and of coal green energy efforts.
The Union Ministry of Mines is expecting 150 per cent growth in coal production 10 years down the line as a result of coal reforms that had been ushered in.
Dispelling fears of shortages of coal during the monsoon, Coal India (CIL) said stock currently available with the power plants is close to 30 million tonnes (MTs), including imported coal.
CIL added that in the prevailing circumstances, bringing all stakeholders on board (for price hike) is difficult.
The CIL chief had said earlier that the company was in discussion with all "stakeholders" on revising coal prices in the wake of a jump in operational cost.
Coal mining is a lucrative business in Meghalaya. The state has scores of coal mines, many of them are allegedly owned by influential people, including politicians.
Joshi, while addressing a function, said that in the last four months CIL has produced around 207 million tonnes of coal, thereby setting a new record, according to a coal ministry statement.
As the country was facing a coal shortage, CIL had floated its maiden tender to import 2.416 MT from abroad on behalf of power producers to stock up on coal.
According to the sources, the letter for award of contract was issued to the lowest bidder of medium term-tenders for east and west coast supply on July 9.
He encouraged MCL to further improve departmental equipment utilisation up to 80 per cent capacity.
In May, the Yogi government had made it clear to the Centre that it would not buy the imported coal as it would put an extra burden on the consumers.
The company's capital expenditure rose to Rs 3,034 crores during the April-June quarter, as compared to Rs 1,841 crores in the same period last year.
The company said it is the first CPSE in the country to have successfully concluded the previous three wage agreements.
People in many parts of the country faced power outages at the beginning of the summer season this year due to the shortage of coal supplies at various thermal plants.
In a first, the Chhattisgarh-based South Eastern Coalfield Limited (SECL), an undertaking of the state-owned Coal India Limited (CIL), has decided to venture into power production.