• SENSEX
    NIFTY 50
VIDEOS
Business

Our target is to dispatch 681 million tonne coal in FY19, says Coal India CMD

Updated : June 07, 2018 11:32 AM IST

Coal India has a production target of 652 million tonne (mt) and dispatch target of 681 mt in the current financial year, chairman and managing director Anil Kumar Jha told CNBC-TV18.

This translates to a 16% increase than the year gone by as in FY18, the company dispatched 580 mt and produced 567 mt of coal.

“With the cooperation of ministry of coal, railways and all consumers, Coal India is sure of achieving the target of 652 mt of production in FY18,” he said.

With regards to e-auction of coal, he said it will be maintained at FY18 level of 103 mt but the excess coal production will be directed towards the power sector.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV
Advertisement