Kshitija Kolhapure outlines the performance and future growth plans of Coal India
 Coal India was formed in 1975, after coal mine were nationalised with effect from 1st May 1973. Today, it is the world’s largest coal producer, with seven wholly owned coal producing subsidiaries and 1 mine planning and consultancy company spread over 8 states of India. Not only this, it also owns ‘Coal India Africana Limitada’, which is a mining company in Mozambique. In addition, it also owns 26 technical and management training institutes and 102 vocational training institutes.   
Enhanced performanceAt its inception, Coal India started with a modest production of seventy-nine million tonnes. Now it produces over 400 million tonnes of coal annually. And dominates 74 per cent of the Indian coal market. In spite of facing challenges such as: land acquisition and greener clearance, Coal India in the  FY 2014-15, improved its performance by 7 per cent. Coal India has put up a commendable performance in FY ending 2015 producing 494.23 million tonnes of coal registering 7 per cent growth. The production increase in absolute terms has been nearly 32 million tonnes compared to the previous fiscal which is highest ever incremental increase in a single financial year since the inception of the company. Despatch of coal and coal products from Coal India as a whole to power utilities of the country during 2014-15 surged ahead to 384.18 million tonnes, up by 30.35 million tonnes, from that of 353.83 million tonnes achieved in 2013-14 registering 8.5 per cent growth. Coal India has set an ambitious target of producing 550 million tonnes of coal during 2015-16.

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Kshitija Kolhapure outlines the performance and future growth plans of Coal India
 Coal India was formed in 1975, after coal mine were nationalised with effect from 1st May 1973. Today, it is the world’s largest coal producer, with seven wholly owned coal producing subsidiaries and 1 mine planning and consultancy company spread over 8 states of India. Not only this, it also owns ‘Coal India Africana Limitada’, which is a mining company in Mozambique. In addition, it also owns 26 technical and management training institutes and 102 vocational training institutes.   
Enhanced performanceAt its inception, Coal India started with a modest production of seventy-nine million tonnes. Now it produces over 400 million tonnes of coal annually. And dominates 74 per cent of the Indian coal market. In spite of facing challenges such as: land acquisition and greener clearance, Coal India in the  FY 2014-15, improved its performance by 7 per cent. Coal India has put up a commendable performance in FY ending 2015 producing 494.23 million tonnes of coal registering 7 per cent growth. The production increase in absolute terms has been nearly 32 million tonnes compared to the previous fiscal which is highest ever incremental increase in a single financial year since the inception of the company. Despatch of coal and coal products from Coal India as a whole to power utilities of the country during 2014-15 surged ahead to 384.18 million tonnes, up by 30.35 million tonnes, from that of 353.83 million tonnes achieved in 2013-14 registering 8.5 per cent growth. Coal India has set an ambitious target of producing 550 million tonnes of coal during 2015-16.

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