Saturday , December 3 2016
Home / Business / Coal India output up by 9% over last year’s production

Coal India output up by 9% over last year’s production

Coal

New Delhi: Government on Saturday said coal output by state-owned Coal India (CIL) crossed 9% over last year’s production adding that there is “still a very long way to go” amid the public sector undertakings (PSU) eyeing one billion tonnes production target.

“Coal production by Coal India crosses 9% over last year’s record production. Well done. Keep it going. Still a very long way to go,” Coal Secretary Anil Swarup said in a tweet.

Coal India’s production had jumped 8.8% to 321.38 million tonnes (MT) during April-November period of the current fiscal.

CIL produced 295.40 MT during the same period last year, a company official said.The government has set one billion tonnes production goal for the company by 2020.CIL accounts for over 80% of the domestic coal production.

The government has set a production target of 550 MT for the PSU for the current fiscal.

Coal India missed the production target for 2014-15 by 3%, recording an output of 494.23 MT.

PTI