Coal India revises production target to 650-660 mn tonne in FY'21

    Kolkata, Aug 8 (PTI) State-run Coal India Ltd has
revised its production target to 650-660 million tonne for the
current fiscal in the wake of the disruptions caused by the
COVID-19 pandemic, a top company official said on Saturday.
    The miner had earlier set a production target of 710
million tonne for the 2020-21 fiscal.
    "COVID-19 pandemic has affected demand for coal.
However, demand has started to pick up now as the industries
have commenced operations.
    "Given the situation, we are hopeful to end the year
with 650-660 million tonne of production," Coal India Chairman
Pramod Agrawal said at a webinar organised by Bharat Chamber
of Commerce.
    The miner is witnessing a 7-8 per cent growth in
demand in August, he said.
    The Maharatna PSU had produced 602 million tonne of
coal last year as against a target of 630 million tonne. PTI
BSM
BDC BDC

(This story has not been edited by THE WEEK and is auto-generated from PTI)