Coal India on Tuesday said its production during April declined by 4.8 per cent to 38.44 million tonnes (mt) as compared to 40.09 mt produced in the year-ago month. <\/p>\n
The miner reported its off-take grew by 6.1 per cent in April to 45.29 mt as against 42.45 mt sold in corresponding month in 2016. <\/p>\n
Miner’s two subsidiaries — South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields (MCL) contributed majority of its monthly production by generating 10.10 mt and 10.28 mt of coal respectively.<\/p>\n
The off-take from SECL during April was at 12.44 mt while MCL achieved 11.07 mt of sales. <\/p>\n
According to the provisional data, the miner, which has been dealing with weak demand, missed the production target of 43.58 mt for April. <\/p>\n
The company also achieved 91 per cent of its off-take target of 49.51 mt for April. <\/p>\n
Against a target of 598.61 million tonnes, its off-take for the last fiscal was at 543.16 million tonnes — up 1.6 per cent over the off-take for 2015-16. <\/p>\n
The miner had achieved 93 per cent of its annual production target for the last fiscal achieving a 2.9 per cent growth over its production in 2015-16. <\/p>\n
Coal India, which produces 84 per cent of the country’s coal production, had exceeded the target for March 2017 by producing 66.07 million tonnes. <\/p>\n
For March only, its off-take was at 52.30 million tonnes, achieving 90 per cent of the monthly target of 58.30 million tonnes. <\/p>\n
During 2015-16, the miner had produced 538.75 million tonnes and its off-take was at 534.50 million tonnes. <\/p>\n
The miner envisaged production of 908.10 million tonnes in 2019-20 with a CAGR (Compound Annual Growth Rate) of 12.98 per cent, with respect to 2014-15.<\/p>\n","protected":false},"excerpt":{"rendered":"
Coal India on Tuesday said its production during April declined by 4.8 per cent to 38.44 million tonnes (mt) as compared to 40.09 mt produced in the year-ago month. The miner reported its off-take grew by 6.1 per cent in April to 45.29 mt as against 42.45 mt sold in corresponding month in 2016. Miner’s two subsidiaries — South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields (MCL) contributed majority of its monthly production by generating 10.10 mt and 10.28 mt of coal respectively. The off-take from SECL during April was at 12.44 mt while MCL achieved 11.07 mt of sales. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[131],"tags":[],"class_list":["post-111103","post","type-post","status-publish","format-standard","hentry","category-coal"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/111103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=111103"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/111103\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=111103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=111103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=111103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}