Confident to surpass 700MT production target in FY’23 but price revision crucial: Coal India chief

Coal India chairman Pramod Agrawal remained confident in surpassing the ambitious 700 million tonne production target by March 2023 and said a “price revision is essential” for the dry fuel to get the company compensated adequately. It will be another feather in coal India’s cap, once the company meets the annual production target with over 12 per cent growth for the first time set by the government, while keeping the coal price capped for nearly five years to support the nation containing the inflation to some extent.