Coal India output at 462 MT; misses FY14 target

Tags: News
State-owned miner CIL produced 462 million tonnes coal in the just-concluded 2013-14 fiscal, missing the target of 482 MT.

Coal India Ltd, which accounts for over 80 per cent of the dry fuel's domestic production, has been drawing flak for missing production targets.

"Coal India's production in the last fiscal was 462 million tonnes," a CIL official said.

Production has fallen short of target because of various reasons such as "environment clearance problem and also due to (Cyclone) Phailin", the official added.

Production suffered in October due to Phailin, which affected the key coal producing states of Odisha, Jharkhand and West Bengal.

CIL had said earlier that it may miss the production target of 482 million tonnes for 2013-14, although Coal Minister Sriprakash Jaiswal had asked the company to ensure that the output goal is met.

In 2012-13, the company produced 452.5 million tonnes of coal, short of the 464 MT target.

Coal India's production target for 2014-15 has been set at 507 MT, while the overall offtake target is 520 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E-mail ID will not be published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.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • Time and tide are ripe for megaplans such as Sagarmala

    To say that India’s infrastructure is in urgent need of upgrade would be to state the obvious.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

China looks to India for balance

Almost a third of the total world population lives in ...

Zehra Naqvi

Love and its stories

People must have bread. They can live without stories. No, Hameeda, ...

Dharmendra Khandal

Tiger in urban landscape

Ranthambhore is in a no-win situation. Just a few days ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture