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Coal India misses production target in April-May 14

LiveMint logoLiveMint 02-06-2014 PTI

Kolkata: Coal India Ltd on Monday reported provisional coal production of 36.27 million tonnes (mt) for May, falling short by 6% from the target of 38.56 mt.

The combined production shortfall for the first two months of 2014-15 fiscal was 3% at 73.79 mt (provisional) against the target of 76.17 mt.

The miner though unable to meet its production target registered a growth of 5% for the first two months. Eastern Coalfields, Bharat Coking Coal Ltd and Central Coalfields succeeded in surpassing production targets.

CIL coal offtake for May stood at 40.71 mt, lower by 7% compared to target of 43.78 mt.

Coal India achieved April-May 2014 offtake of 81.25 mt against a target of 88.94 mt, achieving 91% of the target.

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