Coal India Misses Production Target By 5 Per Cent During Apr-Nov

Coal India Misses Production Target By 5 Per Cent During Apr-Nov

Amid concerns from thermal power plants over inadequate supply of fuel, Coal India Ltd (CIL) on Friday reported that it has produced 329.30 million tonnes during the April to November period, missing its target by five per cent.

However, the miner achieved an 8.1 per cent growth in off-take to 367.98 mt during the first eight months of the current fiscal as compared to 340.32 mt in the same period last year.

Its off-take for November only stood at 50.67 mt, exceeding the target of 50.48 mt for the last month. Read More…

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