Coal India has pushed its 1 billion metric tonne ( mt ) production target back by at least two years because of changes in the environmental paradigm and coal demand . The world ’s biggest miner produced 600 million mt in the last financial year and has an output of 630 million mt in the current year . The government had earlier set a target of 1 billion tonnes coal output by FY'2019-20. In the interim , it has been developing rail connections to meet the growth in production and is expected to spend INR12,000 crore ( $ 1.7bn ) on new equipment during the next three years with the goal of reaching the one billion mt target in three or four years .
Coal India has pushed its 1 billion metric tonne ( mt ) production target back by at least two years because of changes in the environmental paradigm and coal demand . The world ’s biggest miner produced 600 million mt in the last financial year and has an output of 630 million mt in the current year . In the interim , it has been developing rail connections to meet the growth in production and is expected to spend INR12,000 crore ( $ 1.7bn ) on new equipment during the next three years with the goal of reaching the one billion mt target in three or four years .