Coal India Ltd (CIL) was able to achieve 91 per cent of its targeted production of 660 million tonnes (mt) in 2019-20.
According to the provisional production and offtake performance numbers shared by CIL to the stock exchanges on Wednesday, it has closed 2019-20 with an annual production of 602.14 mt, which was marginally lower than 606.89 mt of coal produced in FY19.
As per its MoU with the Coal Ministry during the beginning of FY20, CIL had envisaged an 8.5 per cent growth in production. This was higher than the 7 per cent growth that it had clocked during the previous fiscal taking its total annual production to 606.89 mt.
