Coal India (CIL) has unveiled its road map to attain the one billion tonne (BT) coal production mark by 2019-20. With the projected coal demand of the country hovering around 1,200 million tonnes (MTs) by 2019-20, at an envisaged growth rate of 7%, CIL is expected to chip in one BT, of which 908 MTs is the expected contribution from the indentified projects.
The process of identification of projects to share the balance quantity, to top up the one BT mark, is also underway. The two CIL subsidiaries Sambalpur based Mahanadi Coalfields and the Bilaspur based South Eastern Coalfields are expected to play a pivotal role in CIL’s quest of attaining the one BT production with 250 MTs and 240 MTs respectively. The key issues that the coal miner is basically relying on are timely completion of three critical railway lines and timely land acquisition and green clearance.
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.
| Company Name | CMP |
|---|---|
| Coal India | 464.35 |
| NMDC | 86.79 |
| GMDC | 662.90 |
| Sandur Manganese | 234.65 |
| MOIL | 307.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: