New Delhi: Commenting for the first time on the CAG report that highlighted the absence of environmental policies at six out of seven subsidiaries of Coal India Limited (CIL), the state-run coal producer's Chairman and Managing Director (CMD) AK Jha said that the company adheres to sustainable standards but there "could be some cases" of lapses.
"I have not seen the CAG observation report but we have environmental and sustainable standards. We have also put our sustainability report in the public domain," the Coal India CMD said on the sidelines of ICAI conference.
Jha also noted, "You cannot operate such a large PSU without following these. By and large, all the subsidiaries follow standards.
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Our operation is in eight states, there may be some stray cases (of lapses)." The coal miner is aiming to achieve double-digit growth in production for January, he added. "In December, we achieved 7.5 percent growth and in January, we will cross 10 percent," he said.
Coal production at CIL till November in the current financial year had suffered due to prolonged monsoon, but it has improved since December. The Coal India CMD said that the company is trying to achieve its production target of 660 million tonnes for the current fiscal.
In a report, the CAG had said that six out of coal-producing subsidiaries of CIL did not formulate environmental policies as mandated by the Ministry of Environment, Forest and Climate Change. The ministry stipulated that a well-laid down environment policy duly approved by the board of directors of the subsidiaries needs to be in place, the CAG report said.