HomeBUSINESSCoal India Chairman expressed confidence that the PSU will achieve the production...

Coal India Chairman expressed confidence that the PSU will achieve the production target of 700 million tonnes

Coal India Chairman Pramod Agrawal on Tuesday expressed confidence that the PSU will achieve the production target of 700 million tonnes for the current financial year.

Coal India (CIL) accounts for more than 80 percent of domestic coal production. I am confident…Coal India will achieve the target of 700 million tonnes of coal production in this financial year, the chairman said in a statement.

Agrawal literally addressed the CIL-arm MCL team and congratulated the company officials for registering a growth of 15.9 per cent over the target coal production of nearly 19 million tonnes.

Stating that power demand will increase in the coming days, Agrawal said: Coal demand from Coal India will increase and MCL, which has been successfully supplying about 435,000 tonnes of coal per day to the power sector, will have to increase its contribution.

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