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Coal India may miss production target of 600 MT in FY’18

03 Jan 2018 Evaluate

Coal India (CIL) may miss out on meeting its production target of 600 million tonnes (MT) in 2017-18, going by the production pattern during the first nine months of the year. The company is striving to make up the shortfall by producing in excess of 2 MT per day.

The provisional figures for the April-December 2017 period showed it has produced 383.93 MT of the fossil fuel, falling short of the 406.58 MT target by 6%.

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 422.25
NMDC 80.51
Ashapura Minechem 517.40
Sandur Manganese 180.90
GMDC 543.25
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