Coal India arm MCL crosses 100 mn tn output milestone

Coal India arm Mahanadi Coalfields today said it has crossed 100 million tonne production milestone and is taking steps to achieve the target of 150 million tonne output for the current fiscal.
"Coal major Mahanadi Coalfields Limited (MCL) today crossed the 100 million tonne coal production milestone in a record 281 days during current financial year 2015-16," the company said in a statement.
"Working hours on January 6, 2016, ended with the MCL registering 100.03 million tonne coal production," it added.
The company, on December 28, 2015, had crossed 100 million tonne dispatch of coal to its various consumers, primarily power producers, it said.

MCL had produced 121 million tonnes of coal during 2014-15.
Coal India accounts for over 80 per cent of domestic coal production. The government has set a production target of 550 million tonne for the PSU for the current fiscal.
Coal India missed the production target for 2014-15 by 3 per cent, recording an output of 494.23 million tonnes.
The government has set one billion tonne production goal for Coal India (CIL) by 2020.