Coal output News

Modi said the feat also reflects the dedication and hardwork of all those associated with the sector. 

The country is eyeing 1.5 billion tonnes of coal production by 2020, of which 1 billion tonnes would come from Coal India.

Around 93 per cent of the company's total coal production comes from open-cast mines.

State-owned Coal India recorded an output of 36.21 million tonnes (MT) in August, missing the target by 3.82 percent.

State-owned Coal India (CIL) will invest Rs 13,900 crore to take its production to 908 million tonnes (MT) by 2019-20, the government said on Thursday.

Coal India's Jharkhand-based arm, Central Coalfields, has topped among eight subsidiaries by surpassing output target with production of 12.59 million tonnes in the first three months of the current fiscal.

Coal India, the world's largest miner of dry fuel, recorded an output of 342.39 million tonnes (MT) in April-December 2014, missing its production target by 3 percent for the period.

Coal production during the first seven months of current fiscal touched 315.69 million tonnes (MT), according to official figures.

The government is in the process of formulating strategies to almost double Coal India's output to one billion tonnes over the next five years.

Government is targeting doubling coal production to a billion tonnes in the next five years to meet rising energy demands in the country, Union Minister Piyush Goyal said here today.

Fast tracking land acquisition, resolving rehabilitation and resettlement issue and avoiding delays in green clearance are some of the steps needed to be taken to augment coal output, state-run miner CIL has said.

Coal India, country's largest coal producer, has produced 9 percent more coal in August against the corresponding month last year, a record set by it in many years, which has helped step up coal-based power generation by 15.8 percent in April-June quarter this fiscal.

Coal India projects worth at least Rs 400 crore, expected to add about 50 million tonnes in output, have been held up due to delays in environmental clearance and land acquisition, the government said Thursday.