Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
419.15
-21.25 (-4.83%)
< Home < Back

Coal India keeps annual production target at 630 MT for FY19

Date: 08-01-2018

Coal India (CIL) has kept its annual production target at 630 million tonnes (MT) for the upcoming financial year. Against the target of 408.6 MT, CIL produced 385.6 MT of coal till January 1 in the ongoing financial year. In the Annual Plan of CIL for 2017-18, the production target has been pegged at 600 million tonnes.

From the production level of 554 million tonnes in 2016- 17, the PSU has envisaged to enhance its coal output to one billion tonnes by FY20. Further, the company has identified mines with a production capacity of 908 million tonnes so far.

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.