Lok Sabha Question No. 2622 (UNSTARRED), answered on 2016-12-01
Subject: Allocation of Funds for Development of Subsidiaries of CIL
Ministry: COAL
Asked by: P.R. SUNDARAM

## GOVERNMENT OF INDIA MINISTRY OF COAL

## LOK SABHA UNSTARRED QUESTION NO. 2622 TO BE ANSWERED ON 01.12.2016

## Allocation of Funds for Development of Subsidiaries of CIL

## 2622. SHRI P.R. SUNDARAM

Will the MINISTER OF COAL be pleased to state:

- (a) the  funds  allocated  by  the  Union  Government  for  the  development  of  various subsidiaries of Coal India Limited (CIL) during each of the last three years and the current year, company-wise;
- (b) whether the Government has any plan for the exploitation of coal mines abroad and allocated funds for the purpose; and
- (c) if so, the details of the coal mines acquired on long lease and the total quantity and value of coal expected in the next three years?

## ANSWER

## MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF COAL, POWER,  NEW AND RENEWABLE ENERGY AND MINES (SHRI PIYUSH GOYAL)

- (a) No  fund  has  been  allocated  by  the  Union  Government  for  the  development  of  various subsidiaries  of  Coal  India  Limited  (CIL)  during  each  of  the  last  3  years  and  the  current  year. However, the expenditure made by CIL & its Subsidiaries are through its internal resources. The details of the expenditure are as follows:

(Rs. In Crs.)

| Company            | 2016-17   | 2015-16   | 2015-16   | 2014-15   | 2014-15   | 2013-14   | 2013-14   |
|--------------------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|
|                    | BE        | Tgt.      | Actual    | Tgt.      | Actual    | Tgt.      | Actual    |
| ECL                | 1150.00   | 1030.50   | 754.70    | 970.00    | 686.69    | 525.00    | 408.87    |
| BCCL               | 600.00    | 400.00    | 485.59    | 350.00    | 554.87    | 850.00    | 504.24    |
| CCL                | 600.00    | 600.00    | 638.33    | 585.00    | 595.82    | 500.00    | 657.18    |
| NCL                | 800.00    | 800.00    | 704.92    | 600.00    | 715.06    | 800.00    | 301.76    |
| WCL                | 1435.00   | 750.00    | 1163.47   | 475.00    | 518.79    | 450.00    | 287.66    |
| SECL               | 1400.00   | 1030.00   | 890.98    | 980.00    | 1058.27   | 850.00    | 956.21    |
| MCL                | 1200.00   | 800.00    | 1202.82   | 700.00    | 836.50    | 500.00    | 876.84    |
| CIL &Others*       | 230.00    | 230       | 82.16     | 215.00    | 85.08     | 175.00    | 122.47    |
| Master Action Plan | 350.00    | 350       | 200.06    | 350.00    | 122.41    | 350.00    | 214.63    |
| Overall CIL        | 7765.00   | 5990.50   | 6123.03   | 5225.00   | 5173.49   | 5000.00   | 4329.86   |

(b) As of now, CIL has no coal licenses/blocks in hand abroad for exploration and exploitation. CIL intends to acquire coal prospecting licenses/blocks/mines abroad for exploration and exploitation. Upon acquisition of coal assets abroad, exploration and exploitation of these assets will be taken up.

Funds for acquisition of coal assets abroad and subsequent activities will be required in due course of time and will be met with the internal resource of CIL.

- (c) Not applicable in view of reply at point (b).

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