Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
419.15
-21.25 (-4.83%)
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Coal India expects 367 mt output from 115 ongoing projects in FY19

Date: 20-08-2018

Coal India is expecting 367 million tonne (mt) output by the end of the current financial year from its 115 ongoing projects. The company has 65 projects in the pipeline with a targeted capacity of 247.66 mt per year and out of these, 27 with ultimate capacity of 108.29 MT have been approved.

The company has also planned to robust investment in various other projects like Ultra Mega Power Project (UMPP), solar power, revival of fertiliser plants, acquiring coking coal assets in Australia and Canada, coal gasification during 2018-19.

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.