New Delhi: The state-owned behemoth Coal India, has achieved production of 42.72 million tonnes in June as against a target of 43.31 MT for the month. The goal is to produce 1 billion tonne of the dry fuel by 2020.
One of the biggest global coal miners, which has eight producing arms, achieved 99% of the monthly target of 43.31 MT in June. The Centre has announced plans to boost Coal India’s annual production to meet growing fuel demand.
For April-June of 2016-17, the miner recorded a provisional production of 125.65 MT of coal as against a target of 132.43 MT.
The government has set a production target of 598 million tonnes for CIL for the current fiscal, which accounts for over 80% of the domestic coal output.
Last fiscal, Coal India production grew at 8.5% to 536 MT, but the miner missed its target of 550 MT.
CIL’s eight dry-fuel producing subsidiaries are ECL (West Bengal), BCCL (Jharkhand), CCL (Jharkhand), SECL (Chhattisgarh), WCL (Maharashtra), NCL (Madhya Pradesh), MCL (Odisha) and NEC (North East).