Business/Economy

Ongoing 62 out of 120 coal projects delayed: Coal India

Ongoing 62 out of 120 coal projects delayed: Coal India

Out of 120 ongoing projects, 62 coal projects were not running on schedule mostly due to postponement in obtaining acquiring land, issues related to rehabilitation and resettlement (R&R) and forest clearances, said Coal India.
In its latest annual report, the Coal India said, "71 non mining projects and 120 coal projects costing Rs. 20 crore and above are in diverse stages of implementation. 58 projects are running on schedule and 62 are delayed, out of 120 total coal projects.”


According to it, 27 are projects are delayed out of 71 non mining projects.
The report said, "Due to delay in procurement of forestry clearances, 34 coal mining projects are running behind schedule and 17 are (running behind) due to associated R&R issues and delay in acquisition of land.”


Seven projects, in addition, are running behind schedule due to suspension or discontinuance of work or non-participation in tender by contractor. Due to law and order problem, one project is running behind and due to lack of railway infrastructure facilities for coal evacuation, three projects are not on time.