-5.55 (-1.26%) Coal India’s 89 projects are running behind schedule due to reasons such as delay in green clearances and law and order problems. Of the 89 delayed projects, 62 are mining projects and 27 are non-mining projects. The company has ambitious target of raising its annual production to 1 billion tonnes by 2020 from around 550 million tonnes at present.
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.