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Coal India sets production target at 452 MT for 2011-12

01 Apr 2011 Evaluate

The world’s largest coal miner Coal India Ltd (CIL) has set production and coal off-take targets of 452 million tonnes (MT) and 454 MT respectively for the financial year 2011-12.  To attain the targeted off-take, CIL has sought 175 rakes per day for 2011-12, as against the average availability of 156.8 rakes per day and 161.9 rakes per day during 2009-10 and 2010-11. Average growth of coal movement through rail is only around 2 per cent during the last three years whereas CIL has envisaged a growth of around 13.5 per cent through rail for achieving above target.  crackcrack

Peers
Company Name CMP
Coal India 425.60
NMDC 82.45
Ashapura Minechem 542.60
Sandur Manganese 190.35
GMDC 575.20
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