Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
431.30
-0.90 (-0.21%)
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Coal India sets production target at 452 MT for 2011-12

Date: 01-04-2011

The world’s largest coal miner Coal India Ltd (CIL) has set production and coal off-take targets of 452 million tonnes (MT) and 454 MT respectively for the financial year 2011-12.  To attain the targeted off-take, CIL has sought 175 rakes per day for 2011-12, as against the average availability of 156.8 rakes per day and 161.9 rakes per day during 2009-10 and 2010-11. Average growth of coal movement through rail is only around 2 per cent during the last three years whereas CIL has envisaged a growth of around 13.5 per cent through rail for achieving above target.  crackcrack