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Coal India completes production, distribution targets set for April

03 May 2013 Evaluate

Coal India, the world’s largest coal miner has completed the production and distribution targets set for the month of April starting the new fiscal on a positive note. The company has reported production of 35.75 million tonnes (MT) in April 2013 as against target of 35.15 MT. The off-take in April was at 39.81 MT for April 2013 which stood at 37.76 MT in April last year.

CIL has supplied around 29.55 MT of coal to power utilities during April this fiscal against 26.82 MT supplied in same month last fiscal, registering a growth of 10.2%. The coal miner which accounts for over 80% of domestic coal production loaded an average of 201 rakes per day during April, against a loading of 181.5 rakes/day in the same month last year.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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