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Coal India’s arm achieves target of 100MT coal production for FY19

28 Mar 2019 Evaluate

Coal India’s subsidiary -- Northern Coalfields (NCL) has completed the 100-million-tonne production milestone, which also happens to be the target for the current fiscal 2018-19. NCL is also expected to meet its dispatch targets for the fiscal. Most of its coal projects have either met annual targets or produced more coal than the projection.

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 389.45
NMDC 67.21
Ashapura Minechem 409.00
Sandur Manganese 162.00
GMDC 412.20
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