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Coal India asks govt to lower FY12 production to 448MT

Wednesday 19th Oct 2011    142
Coal India asks govt to lower FY12 production to 448MT
 
New Delhi : Coal India Ltd (CIL) has asked the government to scale down its production target for the 2011-12 financial year to 448 million tonnes (MT) from 452 MT at present, fearing it will not be able to make up for slippage in output in the first half of the fiscal.

The state-run company missed its April-September target by about 20 MT, recording an output of 176 MT against the target of 196 MT, which it has blamed on inclement weather, including heavy rains in August-September that affected production in almost all its collieries.

 
 
 
 

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