Coal India is likely to miss its production target by 20 million tonnes (MT) and may end up producing up to 578 MT this fiscal due to a host of issues, including evacuation and demand-supply, a top official has said.
The world’s largest miner is aiming to ramp up its output to 1 billion tonnes by 2020.
“CIL may miss (production target) by 20 MT and the output should be between 570-578 MT,” said Coal Secretary Susheel Kumar. The PSU has set a target of 598 MT production in 2016-17.
“Coal India is trying to meet its production target. It has promised me that it will try its best to meet the target and it is geared up,” the Secretary said.