A surpassing growth in coal production in March helped Coal India inch extremely close to its production target of 610 million tonne (mt) for the 2018-19 fiscal year after the coal monolith posted a seven per cent production growth in the 2018-19 fiscal year generating 606.9 million tonne (mt) of coal. Despatches, on the other hand stood at 580.3 mt registering an overall growth rate of 4.8 per cent.
According to the company, the production growth is almost three-fold increase compared to 2017-18 fiscal year’s output growth of 2.4 per cent.
A company official said in the month of March, the coal behemoth produced 3.14 mt every day which helped in the company producing 79.19 mt in March itself. Incidentally, this is the highest production ever recorded in a single month since Coal India’s inception.
