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Coal India may miss output target

Analysts said at its best, Coal India would during December-March be able to mine 240 mt of coal, which would take the total production to around 570 mt, 5 per cent short of the target

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Avishek Rakshit Kolkata
Despite state-owned Coal India raising its daily average output to touch 1.8 million tonnes (mt), which is likely to scale up further to 2 mt shortly, the coal behemoth is likely to miss its annual production target of 600 mt for  2017-18.
 
Analysts said at its best, Coal India would during December-March be able to mine 240 mt of coal, which would take the total production to around 570 mt, 5 per cent short of the target.
 
“It is most likely that there is going to be a 25-30 mt production shortfall. In the recent past, the company