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Coal India Aims 400 MT Output From 121 Projects This Fiscal Year

 

 

March 11, 2017 - Coal India Limited (CIL) said on Friday it is expecting around 400 million tonnes of output this fiscal year from its 121 projects that are under operations.


There are 121 major ongoing coal projects under implementation and the expected contribution is of about 400 million tonnes in FY 2016-17, the company said.


CIL will make a presentation at investors' meet, to be held from March 13-15 in Hong Kong and Singapore.


Coal India's 65 new projects, with a targeted capacity of 302.88 million tonnes per year, were identified in FY 2014-15, of which project reports for 57 projects have been formulated, it said.


"Out of these 57 projects, 22 projects having ultimate capacity of 180.51 million tonnes per annum have been approved," it said.


CIL currently operates 15 washeries and is planning to set up 27 new washeries with a capacity 120.18 million tonnes per annum (MTPA).

 

Coal India accounts for over 80 percent of domestic coal production.