Coal India Ltd (CIL), which produces 84 per cent of country's coal output, "needs to step up to a double digit growth rate from that of around 9 per cent achieved during 2015-16" to meet its production targets, company Chairman Sutirtha Bhattacharya said on Wednesday.
"Going forward, in order to meet the production targets, Coal India needs to step up to a double digit growth rate from that of around 9 per cent achieved during FY 2016...during the first four months of FY 2017, Coal India's production growth was more than 6 million tonnes (mt) over the same period last year," he said while addressing shareholders at the company's 42nd Annual General Meeting.