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Coal India receives green clearances for 17 mining projects

28 Jan 2020 Evaluate

Coal India (CIL) has received green clearances for 17 mining projects, a move that will enable the world's largest coal miner to achieve one-billion-tonne production target. The company will produce one billion tonnes of coal by FY2024. The PSU is currently given the target of producing 660 million tonnes of coal amounting to 82 percent of the country's coal output.

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 422.40
NMDC 80.65
Ashapura Minechem 518.05
Sandur Manganese 181.50
GMDC 544.05
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