Despite registering a 7 per cent growth in production and 4.8 per cent rise in offtake, Coal India Ltd (CIL) has fallen short of its target of 610 million tonne (mt) for FY-19 marginally — by 3 mt and 2 mt, respectively.
CIL produced around 607 mt of coal during 2018-19, a volume increase of close to 39.5 mt against the previous year’s production of 567.37 mt.
“The growth in coal production during the referred period is almost three-fold compared to last fiscal’s growth of 2.4 per cent,” said a press statement issued by the company.
The company’s subsidiaries — Eastern Coalfields (ECL), Northern Coalfields (NCL), Central Coalfields (CCL) and Western Coalfields (WCL) — have also surpassed their respective production targets for FY 2019.
