Coal India is planning to foray in to an ambitious project of investing Rs 18,000 crore in 118 projects during 2008-09. The projects include development of a number of UG mines, open cast projects and washeries for enriched quality of coal that could meet global standards on ash content .This would enable the company to augment its production by comprehensive margins. CIL projects a production of around 520 million tonne during the 11th Plan. Its current production is about 363 million tonnes which is expected to go up by over 384 million tonnes in 2008-09. According to Coal India sources, the coal behemoth's future thrust is on developing underground (UG) mining and other related development. CIL projects to achieve 75 million tonnes of coal from its 290 odd UG mines during the next couple of years. While UG production in 1974-75 was about 65 million tonnes, there was a continues fall over the next few years and finally it came down to 43 million tonnes.
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