As per Annual Plan 2012-13 & XII Plan (2012-17) document of Ministry of Coal, CIL have proposed for an investment / capital outlay of Rs. 25400.00 Crores for the plan period. In addition, CIL has also kept an ad-hoc provision of Rs 35000.00 Crores for acquisition of assets abroad & development of coal blocks in Mozambique. This information was gien by the Minister of State for Coal Shri Pratik Prakshbapu Patil in a written reply in Rajya Sabha today.
The Minister said that as per the Annual Plan 2012-13 & XII plan 2012-17 document the coal production is envisaged to increase from 435.84 million tones (Provisional) in the terminal year of XI plan i.e. 2011-12 to 615 million tones in the terminal year of 12th plan i.e. 2016-17. Thus there may be an average increase of about 36 million per annum during 12th Five Year Plan.