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Coal India aims to raise production by 10-20 mt in FY15

11 Sep 2014 Evaluate

Coal India (CIL) is targeting to increase its annual production by 10-20 million tonnes in FY15. The increase will be after getting clearances from the Ministry of Environment and Forests.

The company was recently planning to take steps to clear fuel supply bottlenecks, including augmenting output to 615 million tonnes (mt) by fiscal 2017. Further, the company is planning to increase production in abandoned underground mines with increased mechanization.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

 

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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