The company has often said its output would be 300 million tonnes more than the current figure of about 475 million given enough rail tracks to carry the fuel from new and remote mines.
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.
“The country either needs coal or power,” said CB Sood, an executive director at the company. “If we are not able to evacuate coal, we should set up pit-head power plants.”
Speaking on the sidelines of a coal conference in the resort state of Goa, Sood said the company was seeking a joint venture partner to set up the plant.
via Coal India plans to set up power plant in 2015/16 | Reuters.
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