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Coal India fixes production target at 507 MT for 2014-15

28 Mar 2014 Evaluate

Coal India (CIL), the world’s largest coal miner by output, has fixed the production target at 507 million tonne (MT) for 2014-15 even as the state-owned firm is set to miss the current fiscal’s target of 482 MT. The company has also fixed the offtake at 520 million tonne for 2014-15.

CIL, which accounts for over 80% of the domestic production, contributed 452.5 MT of coal in 2012-13 as against the target of 464 MT.

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 413.75
NMDC 73.04
Ashapura Minechem 489.65
Sandur Manganese 181.70
GMDC 478.85
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