It is reported Coal India would meet its target of supplying 292 million tonnes coal to domestic power firms in 2008-09.
Mr PS Bhattacharyya chairman of Coal India said in a news conference that "We are all set to meet supply commitments to power utilities." A coal shortage has forced India to delay plans to expand its electricity production by nearly 50% impending growth plans.
Official said that in April to September period, the coal miner supplied 138.7 million tonnes to power utilities up from 131.45 million tonnes in the same period a year ago.
Mr Bhattacharyya said that from October 1st to October 22nd it supplied 17.84 million tonnes of coal to power firms to meet shortages because of rains and logistic problems. He said that Coal India, aiming at 405 million tonnes of coal production and imports of about 4 million tonnes in 2008-09 also plans to list its shares in stock exchanges in 3 years.
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