industry

Captive coal miners surpass yearly target in 11 months


Kolkata: Captive coal miners have already produced 4.41 million tonnes more than their yearly target in the first eleven months of the current fiscal. They were asked to produce 40 million tonnes during the whole of 2018-19

This, the government said, is a 31.6% growth on a year-on-year basis during the period.

Coal production target of other mines, not operated by Coal India or Singareni Colliery, were fixed at 15 million tonnes for 2018-19. Production by these mines during April-February 2018-19 was 8.40 million tonnes against 7.94 million tonnes during corresponding period of previous year registering a 5.8% growth on an year-on-year basis.

Nevertheless, Indian coal producers have collectively registered a 8% growth during April-February 2018-19 to 638.46 million tonnes.

Coal India’s production target for the year is 610.00 million tonnes and its managed to produce 527.70 million tonnes during the same period registering a 6.6% growth.

Singareni Collieries Company’s coal production target for the year was fixed at 65 million tonnes for 2018-19. The company managed to produce 57.94 million tonne during April-February 2018-19 registering a 6.0% growth against its previous corresponding period.





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