Coal India’s (CIL) arm is reportedly planning to hire private agencies for detailed coal exploration of mines as the mining major seeks to double its production by 2020. Coal India accounts for over 80 percent of the domestic coal production.
Government has set a target of 1.5 billion tonnes coal output by 2020, of which 1 billion tonnes would be from the state-run miner. The output of Coal India is expected at 535-540 million tonnes this fiscal against the target of 550 MT due to slump in demand.
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.
