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Coal and mining will require 40,000 skilled personnel by 2020

Coal and mining will require 40,000 skilled personnel by 2020

Large-scale opencast projects have been identified by Coal India Ltd for achieving its 1 billion tonne target by FY 2020. CIL has planned to upgrade its coal mining technology to meet its objective. Use of surface miners, high wall miners, etc., will require skilled manpower for optimum utilisation and supervision of these heavy earth moving machinery (HEMM).

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Coal India Q3 profit down 16.2% to Rs.3,262.49 crore

Coal India Q3 profit down 16.2% to Rs.3,262.49 crore

Coal India Ltd´s net profit in the quarter ended 31 December declined 16.2 per cent to Rs 3,262.49 crore compared with the year-ago period as the national miner sold less coal through electronic auctions in order to meet domestic power sector demand as directed by the Coal Ministry.

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Coal India power plant

Coal India power plant

Coal India Ltd plans to set up a 1.6 GW power plant by 2015/16 near one of its mines from which coal cannot be shipped and sold due to a lack of rail connections. Insufficient connectivity is one of the reasons the company has lagged output targets for more than six straight years, leading to shortages at power producers and crippling outages.

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