Coal India Ltd (CIL) will work on priority to meet the 780 MT production target for FY24, its new Chairman PM Prasad said on Saturday.
Prasad took charge as the Chairman of the mining giant on July 1. He succeeds Pramod Agrawal, who superannuated on June 30, 2023.
"Underlining his priority, the chairman said CIL would achieve the 780 million tonne (MT) output target of FY2024 with all efforts and means available at its disposal," a Coal India statement said.
In FY 2022-23, CIL produced 703 MT of coal.
Ensuring uninterrupted coal flow to the power sector will be another priority area, he said.
In his last stint, Prasad was the chairman of CIL's Jharkhand-based arm Central Coalfields Limited (CCL). Coal India, under the Ministry of Coal, has eight subsidiaries in total.
He began his CIL career in 1984 as a management trainee at Western Coalfields Limited and served in different capacities across different CIL subsidiaries.
He also had a three-year stint in NTPC as Executive Direct
