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Coal India maintains production target at 652 million tonne for FY19

Coal India maintains production target at 652 million tonne for FY19

Coal India has maintained its production target at 652 million tonne for fiscal 2018-19, even as the government embarks on an offer for sale (OFS) programme to sell 3% stake in the mining behemoth.

In the last fiscal, the company produced 567 million tonne of coal and dispatched 580 million tonne.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

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