Coal India's production up 4% in Jan

The government today said that CIL produced 46 million tonne coal last month, a

RELATED ARTICLES

growth of 4 per cent over January, 2012.

Coal India Ltd has said that in order to meet the production target of 464 MT in the current fiscal ending March 31, the state-owned firm will have to clock 10 per cent growth in the ongoing quarter.

"During January 2013, CIL produced 46.42 million tonne of coal as compared to 44.6 million tonne in January 2012, marking thereby a growth of about four per cent," an official statement said.

In the first 10 months of 2012-13, CIL's coal production went up to 355.3 MT, as against 335.8 MT in the same period of last financial year, it said.

Coal supply by CIL from April-January was at 380 MT, from over 351 MT in the same period in FY'12, up 8 per cent.

Earlier, CIL had said that to meet the coal offtake target of 470 MT the required growth would be 11 per cent.

The government also stated that CIL was fully geared up to meet its annual target of coal supplies this fiscal.

CIL had missed the production target during the previous fiscal as it produced 435.84 MT, as against the revised target of 447 MT.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The budget is sound in logic; the market is too clever by half

    For a man derided by former finance minister P Chidambaram for his knowledge of economics as only sufficient to be scribbled on the back of a postage

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Why higher education needs innovation

India is such a great country that it creates complexity ...

Zehra Naqvi

We must overcome the fear of death

It is the biggest irony that the only thing that’s ...

Dharmendra Khandal

Jawai leopards and locals can coexist peacefully

At first glance, the Jawai landscape seems like a large ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture