Buoyed by the performance in April-May, the government today expressed hope that Coal India would meet its production target of 464 million tonnes for 2012-13 fiscal.
State-owned Singareni Collieries Company Limited (SCCL) today said it produced 239 million tonne of coal during the 11th plan period ending today against the target of 221 million tonnes.
State-run NTPC, which is looking for coal to produce power after the Coal Ministry cancelled five coal blocks allotted to it, is all set to buy 5 million tonnes of coal from Singareni Collieries Company (SCCL), by shelling out Rs 814 extra per tonne.