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Coal India Ltd.
BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
455.90
11.65 (2.62%) Coal India reports 8.8% rise in coal output during April-November period
Date: 28-12-2015Coal India (CIL) has reported 8.8 per cent rise in its coal output to 321.38 million tonnes during April-November period of the current fiscal as compared to 295.40 million tonnes during the same period last year.
The government has set one billion tonnes production goal for the company by 2020. CIL accounts for over 80 per cent of the domestic coal production. The government has set a production target of 550 million tonnes for the PSU for the current fiscal.
Coal India missed the production target for 2014-15 by 3 per cent, recording an output of 494.23 million tonnes.