Coal India (CIL) has registered a growth of 5.6% in coal production during April - May, 2012 period. The company has produced 69.38 MT (million tonne) coal compared to 65.67 MT during same period of last year. The company has also surpassed the target during the period which was of 68.82 MT.
Besides, during April - May, 2012 period, the Coal Off-Take and Overburden Removal also exceeded the target. Coal Off-Take during the period was 76.53 MT registering a growth of 6.3%, compared to 72.08 MT during the corresponding period of last year. Overburden Removal during April & May, 2012 was 137.52 MCuM registering a growth of 10.3%, compared to 124.72 MCuM for the same period last year.
Coal India’s and its subsidiary companies, Neyveli Lignite Corporation (NLC) and Singareni Collieries Company (SCCL) performance was disclosed by Shri Sriprakash Jaiswal, Minister of Coal. The Minister directed CIL, NLC, SCCL and other subsidiary companies to achieve 100% coal production targets by completing projects well in time.
CIL, which accounts for more than 80% of the domestic coal production, missed its revised 2011-12 production target as it achieved only 435.84 million tonne as against 447 million tonne.
| Company Name | CMP |
|---|---|
| Coal India | 455.85 |
| NMDC | 89.22 |
| GMDC | 669.60 |
| Sandur Manganese | 209.25 |
| MOIL | 319.20 |
| 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: