‘Bharat Coking can produce 100 million tonnes of coal in Jharkhand’
Coal India’s subsidiary Bharat Coking Coal is capable of producing at least 100 million tonnes or about three times as much of prime coking coal every year from the Jharia region in Jharkhand as it did last fiscal if the government rehabilitates nearly 100,000 families living in the area, the company said.
Coking coal is consumed by the metallurgical sector and is used in producing steel. Currently, all steel making companies import bulk of the coal they require. If the state-run miner manages to produce 100mt from the region, it will help cut down India’s import of this variety almost entirely .
“Last year, we produced 36mt. This is slated to go up to 50mt by 2020, irrespective of the government’s effort to move families. However, if all the families are moved out, we can produce 100mt every year,” said Tapas Kumar Lahiry, CMD of Bharat Coking Coal.