CIL, which produces 84 per cent of the country's coal, was targeting 255.11 mt of coal production during the first six months of the current fiscal.
According to provisional data, the miner produced 35.24 mt in September achieving 85 percent of the target of producing 41.51 mt in the last month. the coal behemoth had produced 37.17 mt in the year-ago month.
It also reported that its off-take during April-September period was down by 0.9 per cent at 249.11 mt as against a target of 283.80 mt. The miner reported its off-take for September stood at 37.74 mt, achieving 88 per cent of the target.
In 2015-16, the state miner produced 538.75 mt of coal against a target of 550 mt and its off-take was at 534.5 mt. During the current fiscal, the coal production target has been pegged at 598.61 mt and coal production is expected to be 660.7 mt in 2017-18.
The company envisaged production of 908.10 mt in 2019-20 with a CAGR (Compound Annual Growth Rate) of 12.98 per cent with respect to 2014-15.
In its latest annual report, it said it would invest Rs 7,765 crore as capital expenditure and Rs 5,069 crore in various other projects in 2016-17.
