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| Last Updated:02/09/2015

Latest News(Archive)

Latest News

Coal India misses August output target by 3.8 per cent

 

NEW DELHI | Sept 01, 2015: State-owned Coal India recorded an output of 36.21 million tonnes (MT) in August, missing the target by 3.82 per cent.

 

The company's production target for August was 37.65 million tonnes, Coal India (CIL) said in a regulatory filing.

 

The government has set an ambitious one billion tonnes coal production target for Coal India by 2020.

 

CIL's achieved an output of 192.37 MT in the first five months of the current fiscal, missing its target of 196.73 million tonnes. Coal India's output target for the current fiscal is 550 million tonnes.

 

Coal India missed the production target for the financial year 2014-15 by 3 per cent recording an output of 494.23 million tonnes.

 

CIL accounts for over 80 per cent of the domestic coal production.

 

 

(Source: http://economictimes.indiatimes.com/)