Coal India April-June output at 121.23 million tonnes; 12% growth in target

Coal India, the world’s largest miner of dry fuel, recorded an output of 121.33 million tonnes (MT) in April-June 2015, recording a 12 per cent growth over the same period previous fiscal.

The coal giant achieved 99 per cent of the target during the period.

The development comes at a time when the government has already fixed a target of one billion tonne of production for the miner by 2019.

However, the miner missed its June target by about 2 million tonnes, producing 38.83 MT of coal.

CIL produced 121.23 MT of coal during April-June quarter of the current fiscal as against a target of 123.04 MT, the miner said in a filing to the BSE.

Performance wise, its Jharkhand-based arm Central Coalfields Ltd ( CCL) registered the maximum 26.6 per cent increase in output of 12.59 MT as against a target of 10.50 MT during the period.

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