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Coal mining in India began in 1774 when John Sumner and Suetonius Grant Heatly of the East India Company commenced commercial exploitation in the Raniganj Coalfield along the Western bank of Damodar river.Growth remained slow for nearly a century due to low demand. The introduction of steam locomotives in 1853 boosted demand, and coal production rose to an annual average of 1 million

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Dec 27, 2019· Coal mines PFO to impose levy on member companies' production 25 Dec, 2019, 12.12PM IST. The levy is estimated to raise Rs 650 crore from Coal India this year if it manages to meet its yearly production target. The resulting increase in the cost of power generation would be less than 1 paisa per unit, a Coal India executive said.

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