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 tonne 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 tonne.

While, the company’s actual offtake was at 45.67 million tonne achieving it 94% target in June, whereas, 137.36 million tonnes 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.

Shares of the company on the NSE are trading on a flattish note, paring its morning gains to trade at Rs 244 per share, higher by Rs 0.60 per share or 0.25% at 1055 hours.

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