CIL achieves 97% of coal output target at 34 MT in July

Image
Press Trust of India New Delhi
Last Updated : Aug 01 2015 | 8:22 PM IST
State-owned miner Coal India has produced 34.83 million tonnes (MT) of coal in July which is slightly below the targeted output of 36.04 million tonnes for the month.
The company's total coal production was 34.83 MT in July this year which is 97 per cent of targeted output, Coal India said in a BSE filing today.
According to the filing, during April-July period, CIL produced 156.15 million tonnes of dry fuel which was 98 per cent of the targeted output of 159.07 million tonnes.
The coal production grew by 10.5 per cent during the four month period this fiscal over the year-ago period.
The offtake of dry fuel during July this year was 40.88 million tonnes as against the targeted 44.17 million tonnes.
During April-July period, coal offtake was 170.36 million tonnes as compared to targeted 179.51 million tonnes. CIL's coal offtake grew by 8.1 per cent in the period under review as compared to April-July period last year.
Coal India is expected to increase coal production by around 60 million tonnes in the current fiscal over the output in 2014-15.
In 2014-15, the company's total coal production increased by 31.81 million tonnes to over 494 million tonnes, recording nearly 7 per cent growth over 2013-14.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 01 2015 | 8:22 PM IST

Next Story