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Coal India’s arm aims production of 9-10 million tonnes in the next four years

13 Oct 2014 Evaluate

Coal India’s subsidiary Eastern Coalfields is targeting a production of 9-10 million tonnes from the current level of 7 million tonnes through underground mining in the next four years with an investment of Rs 1,000-1,100 crore. In a bid to achieve the production target, the company hopes longwall mining technology rollout at its Janjra mine in the current fiscal will play an important role.

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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