SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 02 Mar, 2017  

coal-india-logoTHMB.jpg Coal India production grows 2.3 pc in April-February

coal-india.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 02 Mar, 2017
Coal India Ltd (CIL) on Wednesday reported that its coal production grew by 2.3 percent to 488.06 million tonnes (mt) during April to February period in the current fiscal as compared to 477.31 mt produced in the corresponding period in the last financial year.

The miner which aimed to produce 535.38 million tonnes in the first 11 months of the current fiscal achieved 91 percent of the target.

According to provisional data, production stood at 54.30 mt in February, achieving 96 percent of the target at 56.81 mt for the month.

CIL, which produces 84 percent of the country's coal, reported that its off-take during April-February period was up by a marginal 1.6 percent at 490.86 mt as against a target of 540.31 mt.

Its off-takeAfor February stood at 47.73 mt achieving 94 percent of the target of 50.61 mt for the month.

In 2015-16, the state miner produced 538.75 mt of coal against a target of 550 mt and its off-take was at 534.5 mt.

During the current fiscal, the coal production target has been pegged at 598.61 mt and production is expected to be 660.7 mt in 2017-18.

The company envisaged production of 908.10 mt in 2019-20 with a CAGR (Compound Annual Growth Rate) of 12.98 per cent with respect to 2014-15.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter