Coal India misses 2012/13 supply target

Tue Apr 2, 2013 9:27am IST

Laborers work in a railway coal yard on the outskirts of Ahmedabad June 15, 2010. REUTERS/Amit Dave/Files

Laborers work in a railway coal yard on the outskirts of Ahmedabad June 15, 2010.

Credit: Reuters/Amit Dave/Files

Related Topics

Stocks

   

REUTERS - Coal India(COAL.NS), the world's largest coal miner by output, missed its supply target for the fiscal year 2012-13 by 4.8 million tonnes, it said in a statement late on Monday.

The state-run miner, which produces about 80 percent of India's coal output, reported offtake (supply) of 465.2 million tonnes for the year, falling short of its target of 470 million tonnes.

In February, Coal India said it remained on track to meet its supply target for the year.

The company also missed its production target of 464.1 million tonnes for the year by 11.9 million tonnes, it said.

(Reporting by Tenzin Dekeva in Bangalore; Editing by Gopakumar Warrier)

FILED UNDER:

REUTERS EXCLUSIVE

Reuters Showcase

Reaction to Budget

Reaction to Budget

India budget unlikely to impact credit rating - agencies  Full Article 

PMI Data

PMI Data

Factory activity growth slows to five-month low in Feb  Full Article 

Documents Leaked

Documents Leaked

Indian Oil suspends official for leaking information - sources  Full Article 

Coal Auction

Coal Auction

India examines coal mine bids amid reports of discrepancies  Full Article 

Ola Buys Rival

Ola Buys Rival

Ola buys rival TaxiForSure for $200 million  Full Article 

Priority Sector

Priority Sector

RBI revises priority sector lending norms  Full Article 

Global Economy

Global Economy

Global stimulus swells as China eases, ECB to start soon on QE  Full Article 

Steel Industry

Steel Industry

Steelmakers hit by uncertainty over import duty hike   Full Article 

HP Buys Aruba

HP Buys Aruba

HP to buy Wi-Fi gear maker Aruba Networks for $2.7 billion  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage