SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Coal India’s arm sets target of producing 182 MT of dry fuel in FY23

04 Apr 2022 Evaluate

Coal India’s subsidiary -- South Eastern Coalfields (SECL) has set a target of producing 182 million tonne (MT) of the dry fuel in the FY23 as against 142.51 MT of output in 2021-22. An outlay of Rs 5,200 crore has been approved for the capital expenditure in various segments, including Rs 1,800 crore for development of rail corridor projects.

The dispatch target for SECL has also been kept at 182 MT in the 2022-23 financial year, while the company has to remove the overburden of 280 million cubic metres in the fiscal. Coal India has set a goal to produce 700 MT during the current fiscal as against the 622 MT output it achieved in FY22.

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.

Coal India Share Price

441.65 2.95 (0.67%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 441.65
NMDC 88.81
GMDC 691.40
Sandur Manganese 213.50
MOIL 321.05
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×