Coal India sets production target of 655 mt; 3-fold rise from last fiscal

The ministerial goal this year is just 5 mt over the aspirational target which the world's largest coal producer had set for itself in 2018-19

The coal ministry has set a production target of 655 million tonne (mt) for Coal India Ltd for the current fiscal year after the Maharatna company closed last fiscal year with 607 mt of production, registering a 7.23 per cent growth in actual production. 

In the last fiscal year, the ministry had set a production and despatch target of 610 mt for the company. Incidentally, the ministerial target this year is just 5 mt over the aspirational target which the world’s largest coal producer had set for itself in 2018-19. 

At the beginning of every fiscal year, based on the