Coal India Ltd is eyeing a big push in production over the next few months as it works toward its 875‑million‑tonne goal for the current financial year. Chairman‑MD Sanoj Kumar Jha told reporters at a celebration of Hindustan Copper’s 59th Foundation Day that while he can’t guarantee the target, the company is “aspiring to be there or near there.”
The state‑owned miner, which supplies about 80 % of India’s coal, saw its output dip thanks to heavy monsoon rains in September and October. In October, CIL produced 56.4 million tonnes—up from 48.97 million tonnes the month before, but still below the 900‑million‑tonne dispatch aim for 2025‑26. Jha stays optimistic that the company will finish the year with higher stocks than it did last year and meet industry demand.
CIL’s total output for FY2025 was 781 million tonnes. India’s overall coal production—both captive and commercial mines—crossed one billion tonnes this year and is expected to hit 1.15 billion tonnes in FY2026.
Jha took over as chairman‑MD on November 1 after serving as Additional Secretary in the Ministry of Coal. He also announced that the rules for a planned coal exchange will be finalized by the end of November, after gathering public feedback. The draft will set up a coal‑controller organisation (CCO) to register and regulate future coal exchanges, a step the Ministry is keen to formalize with input from stakeholders.
With these moves, Coal India Ltd is sharpening its focus on output growth and regulatory readiness as it navigates a challenging monsoon season and prepares for the next financial year.
Source: ianslive
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