Coal news and updates

Coal India achieves 92% of coal production target in June

The state-controlled mining company, Coal India in its regulatory filing announced that the company achieved 92% of actual coal production target, standing at 39.66 million ton for the month of June 2017. The company released its provisional offtake and production data on Monday.

The company achieved 91% production target in the April to June 2017 period, at 118.84 million ton.

While, the company’s actual offtake was at 45.67 million ton achieving it 94% target in June, whereas, 137.36 million tons in April-June 2017, achieving 92% of its target.

Coal India is the largest coal producer company in the world and constitutes to around 82% of the coal production in India.

Source: India Infoline