Coal India Ltd.

State run, Coal India’s output is likely to increase to a five-year high, as it aims to exceed the production target of 482 million tonnes (mt) for this financial year, against production of 452 mt in 2012-13. The company expects to attain more than 6.7% growth in production in 2013-14.

The company will achieve this target by implementing two strategies - accelerating project expansions of about 18 mt and higher liquidation of ground stocks. CIL had produced 37 mt in April, exceeding the production target. The company has consistently liquidated pithead stocks to raise supplies to power companies. Meanwhile, the company is also going to hit the market with its mega Rs 20,000-crore share sale later this year.