NEW DELHI, Jan 8: State-run coal miner Singareni Collieries Company Ltd’s coal output in the first nine months of current fiscal was at 43.24 million tonnes (MT), an increase of 22.74 per cent from 35.23 MT a year ago.
The government is eyeing to achieve 1.5 billion tonnes of coal production by 2020.
The company’s output in December 2015 was 5.74 MT, a rise of 12.99 per cent from 5.08 MT in December 2014, an official said.
The coal dispatch in April-December period also increased to 43.53 MT, over 38.23 MT a year ago, the official added.
Coal production in the April-December period of the ongoing fiscal was at 43.24 MT, against the target of 39.75 MT for the first nine months of FY 2015-16, the official added.
The company had recorded a production of 52.54 million tonnes in the last fiscal.
SCCL is a coal mining company jointly owned by the Telangana government and Government of India on a 51:49 equity basis.
State-owned Coal India, which accounts for over 80 per cent of the domestic coal production, had produced 373.45 MT of coal in the April-December period of the this fiscal, missing the target of 383.08 MT for the period.
Coal India missed the production target for 2014-15 by 3 per cent, recording an output of 494.23 million tonnes.
The government had set a production target of 550 million tonnes for the coal PSU For the current fiscal. (PTI)
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