Coal India Aims At 4-5% Growth In Production

Kolkata: Coal India Ltd (CIL) has acknowledged that the realistic production target for the current fiscal will be 806-810 million tonnes (MT), down from 838 million tonnes, company Chairman PM Prasad said on Friday.

CIL production grew 2.2 per cent to 543 million tonnes till December in the current fiscal. But aiming to ramp up production in the remaining days of the fiscal, efforts are on to achieve a growth of around 4 to 5 per cent, he said.

“We are targeting a production of 806-810 million tonnes in the current fiscal,” Prasad said on the sidelines of the announcement of the 11th edition of the International Mining and Machinery Exhibition (IME 2025). “In the full year, we are targeting to achieve a realistic target of about 4-5 per cent growth,” Prasad told PTI.

In FY24, CIL produced 773.65 million tonnes, marking an 11 per cent growth over FY’23.

He expressed optimism about getting closer to the target, citing the performance of subsidiaries Mahanadi Coalfields, Northern Coalfields Ltd and Western Coalfields Ltd, which is on track, while ECL is also hopeful of achieving its target.