Coal India production grows 5.5 per cent in January

Coal India production grows 5.5 per cent in January

Coal India Ltd (CIL) on Thursday reported that its production grew by 5.5 per cent to 55.99 million tonnes (mt) in January as compared to 52.86 mt in the corresponding month last fiscal, but the production during April 2016 to January 2017 remained flat.

According to provisional data, the production stood at 433.76 mt, up by a meagre 1.7 per cent during the first ten months of the current fiscal (2016-17). It achieved 91 per cent of the target which was set at 478.57 mt for the period.

CIL, which produces 84 per cent of the country’s coal production, was targeting 61.04 mt during the last month of the current fiscal, achieving 92 per cent of the target. Read More…

Credit By: Energy Economic Times

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