Coal India's dispatch picks up

Indo Asian News Service

Ranchi, Feb 17 (IANS) With the growing economy, Coal India has noticed its dispatch of coal is picking up and is hoping for brighter future, a company official said on Friday.

"Country's economy is growing. The government's scheme is in place for empowering discoms (power distribution companies). We have noticed coal dispatch has been picking up," the miner's Chairman and managing Director Sutirtha Bhattacharya told BTVi in an interview.

"We have to increase the production, logistic infrastructure and at the same time maintain the quality of coal. We are up in these," Bhattacharya said.

The miner is busy with tying up linkages to different sectors.

The first part of auctioning of long term coal linkages has already been conducted for non-power sector and the second part for sponge iron has also been completed. The Coal behemoth is up for the third slot of long term auction for cement, he said.

"We have been looking at long term customers so that we can draw up long term mining, evacuation and business plan. There are basic tenets for sustainable business," Bhattacharya added.