Coal India output drops 10.3 per cent in August

Coal India output drops 10.3 per cent in August

Coal India (CIL) Sunday said its production in August fell by 10.3 per cent to 34.77 million tonnes. CIL’s production in the same month a year ago stood at 38.78 million tonnes. Coal offtake during August too contracted by 10.4 per cent to 40.47 million tonnes as compared with 45.15 million tonnes in the year-ago month

India to bridge coal import gap by 50pc in 3 yrs: Coal India

India to bridge coal import gap by 50pc in 3 yrs: Coal India

India is working on bridging the coal import gap by about 50 per cent in the next three years, Coal IndiaNSE 3.95 % Chairman A K Jha said on Friday. In the 2018-19 fiscal, the country produced 730 million tonnes (MT) of coal, while 955 MT was consumed, leading to a gap of 230-235 MT.

CIL to miss supply target for 5th year in a row

CIL to miss supply target for 5th year in a row

Coal India, which is tasked with meeting the bulk of national coal demand, is looking at supply shortfall for five successive years even if it manages to meet production target every year, the coal ministry has estimated.

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