India’s captive coal mines overshoot target | 2019-03-26 |

India’s captive coal mines overshoot target

25th March, 2019 11:25:45 printer

NEW DELHI: Coal production at captive mines has edged past the target for this fiscal. At the end of February, output at such mines stood at 44.41 million tonnes (mt) as against the target of 40 mt fixed for FY19.

On a year-on-year (y-o-y) basis, the captive coal producers logged 31.6 per cent growth, report agencies.

The country's total coal production during April-February rose eight per cent to 638.46 mt as against 591.42 mt in the year-ago period. Coal India Ltd (CIL), the largest producer, recorded an output of 527.7 mt, an increase of 6.6 per cent y-o-y, data sourced from the Ministry of Coal showed. The other state run producer- Singareni Collieries Company Ltd (SCCL) produced 57.94 mt against the targeted 65 mt, growing six per cent y-o-y. Coal production at other mines was pegged at 15 mt of which actual production was 8.4 mt in the period under review, marking a growth of 5.8 per cent y-o-y.