Till October-end, the company could achieve only 60% of the target set for the current year due to the break out of COVID-19 that has impacted the economic sector badly. Against its plans to mine 36.42 million tonnes of coal during the first seven months of the current fiscal, Singareni could mine only 22.03 million tonnes of coal. Similarly, against the target of dispatching 37.13 million tonnes of coal till October-end, the company has dispatched 21.86 million tonnes (59% of the target). “Now, we plan to extract an average of six million tonnes of coal every month during the November-March period”, company officials said adding that they have plans to dispatch higher quantity of coal during the remainder of the year. To make up the COVID-induced loss, it had been decided to extract about 30 million tonnes of coal over the five-month period till the closure of this financial year.

Source: The Hindu November 04, 2020 04:52 UTC