Coal India has recorded an output of 36.21 million tonnes (MT) in August, down by 3.82% as compared to its production target of 37.65 MT. The company has achieved an output of 192.37 MT in the first five months of the current fiscal, missing its target of 196.73 million tonnes. The company’s output target for the current fiscal is 550 million tonnes.
Coal India missed the production target for the financial year 2014-15 by 3 per cent recording an output of 494.23 million tonnes. The government has set an ambitious one billion tonnes coal production target for Coal India by 2020.
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.
