CIL likely to face higher production target next year

March 15, 2016

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Buoyed by coal production of over half-a-billion tonnes in the current financial year, India’s Coal Ministry was likely to set a target of 610-million tonnes for 2016/17 for producer Coal India Limited (CIL).

According to a Ministry official, with still a fortnight to go before the end of the financial year 2015/16, CIL had already crossed the 500-million tonnes production target, and a higher target would now be set for the miner in an effort to reach the ultimate target of one-billion tonnes by 2020.

Category: General