Coal India arm NCL set to cross 119 mt production target for FY’22

Coal India’s subsidiary Northern Coalfields Ltd is set to cross its production target of 119 million tonne for the current fiscal, and an aim of making a capital expenditure of Rs 1,640 crore remains on track, officials said on Wednesday. The miner had on Tuesday produced 5.67 lakh tonne of the dry fuel, the highest single-day count since its inception, and the total output in the 2021-22 financial year so far stood at 110.5 million tonne (mt), up by six per cent on a year-on-year (y-o-y) basis, he said.