Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
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Coal India fixes production target at 507 MT for 2014-15

Date: 28-03-2014

Coal India (CIL), the world’s largest coal miner by output, has fixed the production target at 507 million tonne (MT) for 2014-15 even as the state-owned firm is set to miss the current fiscal’s target of 482 MT. The company has also fixed the offtake at 520 million tonne for 2014-15.

CIL, which accounts for over 80% of the domestic production, contributed 452.5 MT of coal in 2012-13 as against the target of 464 MT.

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.