Coal India Ltd.

Coal India (CIL), the world’s largest coal miner is most likely to miss its output target of 507 million tonnes by over 10 MT in the current fiscal due to various delays at the level of states in operationalising mines. The company, which accounts for over 80 percent of the domestic coal production, has to achieve production of 507 million tonnes in FY15.

The country's coal output has been growing far slower than demand over the past few years because of Coal India's inability to expand its mines. Delays in getting environmental approvals, a lack of transport facilities and the company's inherent efficiencies are some of the reasons for the shortfall. Recently, the company’s output for the April-February period of the ongoing fiscal was 436.96 million tonnes (MT), missing its target by 2.9 per cent.

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.