Coal India Ltd.

Coal India’s production will fall short of target by 16 million tonne this fiscal and may miss the expected output by 39 million tonnes in 2011-12 due to extension of tough environmental norms. Comprehensive Environmental Pollution Index (CEPI) was supposed to be reviewed in October, but it has been extended till March. As a result, there will be an impact of 16 million tonnes reduction this year (on production.

If it continues in 2012, then it will affect additional 39 million tonnes, which means it will take away the growth process (of Coal India). Coal India has set a production target of 260.5 MT in 2010-11 and it has planned to produce 486.5 MT of coal in 2011-12.