Coal India Apr-Nov production at 323.57 mn tons; misses target

World's largest coal miner had set a target of 360.84 MT during the April-November period of 2016-17 financial year

A worker carries a container filled with drinking water at a railway coal yard on the outskirts of Ahmedabad. Photo: Reuters
A worker carries a container filled with drinking water at a railway coal yard on the outskirts of Ahmedabad. <b>Photo: Reuters</b>
Press Trust of India New Delhi
Last Updated : Dec 01 2016 | 10:13 PM IST
State-run behemoth Coal India Ltd (CIL) produced 323.57 million tonnes (MT) of coal in the first eight months of the current financial year.

The world's largest coal miner had set a target of 360.84 MT during the April-November period of 2016-17 financial year, it said in a regulatory filing.

During November, the miner produced 50 MT of the fossil fuel against a target of 53.85 MT.

The offtake of the dry fuel by the coal PSU during the period was 340.32 MT, lower than the target of 381.55 MT.

Last month's offtake stood at 48.16 MT against a target of 49.80 MT.

CIL, which accounts for over 80 per cent of the domestic coal production, is eyeing 598 MT production in 2016-17 and targets to produce a billion tonnes by 2020.
*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: Dec 01 2016 | 9:28 PM IST

Next Story