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Coal India’s arm reports record production of 61.35 MT in FY16

04 Apr 2016 Evaluate

Coal India’s (CIL) Jharkhand arm Central Coalfields (CCL) posted a record production of 61.35 million tonnes (MT) in 2015-16, which was the second consecutive year of double digit growth for the company. The growth in output was about 10.25 percent and efforts are on to maintain double digit growth in future.

Last year, the PSU had achieved 55.65 MT production. During the period 2009-10 to 2012-13, the company’s coal production was stagnating at around 48 MT. Last year in May, the Magadh Project under Magadh and Amrapali area of CCL was inaugurated. It has a capacity of 51 MT per annum, which can go up to 70 MT.

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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