Coal India to produce 710 million tonne coal in FY21
It closed FY20 with coal production of 602.14 mt
Coal India (CIL) will produce 710 million tonne of coal in the current FY21 and the company’s coal off-take target will be at the same level. CIL's pithead stock was at 75 million tonne as on 31 March 2020.
The company closed FY20 with coal production of 602.14 million tonne, against the target of 660 million tonne.
The demand of coal will pick up again after Coronavirus lockdown, hence CIL kept the production and off-take targets at 710 million tonne for FY21 in line with its goal to achieve one billion tonne coal production by year 2023-24.
The company’s Over Burden (OB) or top soil removal target for FY21 was set at 1,580 million cu mtr.