Coal India Production Target

Coal India Ltd said today it had breached its annual production target of 700 million tonnes, the first time it had surpassed its goal since the fiscal year that ended in March 2006.

Coal India Chairman Pramod Agarwal on Monday said that the company is ready to meet its part of committed dry fuel supplies to the power sector

After almost two years, out of the 292 coal mines offered for auction in four rounds, only 42 mines have been successfully auctioned in three rounds

Coal India has said that it is trying to touch the 670 million tonnes production target in the current fiscal

The miner, which has a target to produce 57.17 million tonne for the month, has actually produced 37.92 million tonne of coal till October 30, according to the data.

Union Minister Harsh Vardhan has denied the allegation of US President Donald Trump that India will double coal production till 2020, saying the country is hoping to achieve climate targets "well before time".

"CIL may miss (production target) by 20 million tonnes (MT) and it (the output) should be between 570-578 MT," Coal Secretary Susheel Kumar said.

CIL, accounts for over 80 per cent of the domestic coal production and targets to produce a billion tonnes of the fossil fuel by 2020.

The offtake of fossil fuel by the coal PSU in April-October period was 292.16 MT, lower than the target of 331.76 MT.

The country is eyeing 1.5 billion tonnes of coal production by 2020, of which 1 billion tonnes would come from Coal India.

Coal problems are now history and the target is to further boost domestic production to cut down on the imports that will result in savings to the tune of Rs 40,000 crore this year, Union Power Minister Piyush Goyal said today.

Coal India Ltd (CIL) has missed its first quarter production target of the current fiscal year by 6.78 million tonnes (MT) and the offtake target by 16.69 MT, according to provisional data released by the company on Friday.

Coal India's offtake also rose to 45.53 MT in May as compared to 42.4 MT in April. The company achieved 89 per cent of its offtake target in May as compared to 83 per cent in April.

State-run Coal India on Wednesday said it achieved a production of 42.58 million tonnes last month, lower than the target of 44.64 million tonnes (MT).

State-owned Coal India has achieved an 8.5 per cent growth rate in production at 536 million tonnes in 2015-16, but missed the output target of 550 million tonnes for the just-concluded financial year.

Coal India Ltd said today it had breached its annual production target of 700 million tonnes, the first time it had surpassed its goal since the fiscal year that ended in March 2006.

Coal India Chairman Pramod Agarwal on Monday said that the company is ready to meet its part of committed dry fuel supplies to the power sector

After almost two years, out of the 292 coal mines offered for auction in four rounds, only 42 mines have been successfully auctioned in three rounds

Coal India has said that it is trying to touch the 670 million tonnes production target in the current fiscal

The miner, which has a target to produce 57.17 million tonne for the month, has actually produced 37.92 million tonne of coal till October 30, according to the data.

Union Minister Harsh Vardhan has denied the allegation of US President Donald Trump that India will double coal production till 2020, saying the country is hoping to achieve climate targets "well before time".

"CIL may miss (production target) by 20 million tonnes (MT) and it (the output) should be between 570-578 MT," Coal Secretary Susheel Kumar said.

CIL, accounts for over 80 per cent of the domestic coal production and targets to produce a billion tonnes of the fossil fuel by 2020.

The offtake of fossil fuel by the coal PSU in April-October period was 292.16 MT, lower than the target of 331.76 MT.

The country is eyeing 1.5 billion tonnes of coal production by 2020, of which 1 billion tonnes would come from Coal India.

Coal problems are now history and the target is to further boost domestic production to cut down on the imports that will result in savings to the tune of Rs 40,000 crore this year, Union Power Minister Piyush Goyal said today.

Coal India Ltd (CIL) has missed its first quarter production target of the current fiscal year by 6.78 million tonnes (MT) and the offtake target by 16.69 MT, according to provisional data released by the company on Friday.

Coal India's offtake also rose to 45.53 MT in May as compared to 42.4 MT in April. The company achieved 89 per cent of its offtake target in May as compared to 83 per cent in April.

State-run Coal India on Wednesday said it achieved a production of 42.58 million tonnes last month, lower than the target of 44.64 million tonnes (MT).

State-owned Coal India has achieved an 8.5 per cent growth rate in production at 536 million tonnes in 2015-16, but missed the output target of 550 million tonnes for the just-concluded financial year.