Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
455.90
11.65 (2.62%)
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Coal India surpasses 500 million tonnes of coal production

Date: 15-03-2016

Coal India (CIL) has crossed 500 million tonnes of coal production for the first time in a fiscal. The State-owned company is eyeing to double its production to one billion tonnes by 2020.

The company has an offtake of 504.09 million tonnes, registering a growth of 9.4 per cent compared to last year same period as on March 13, 2016. CIL, which accounts for over 80% of the domestic coal production, is eyeing 550 million tonnes in the ongoing fiscal.

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.