Coal India....
Top producer, globallyCoal India is the largest coal mining company in the world based on its annual production of 431 million tonnes for the year ended March 31, 2010.
Around 90 per cent of its production originates from open cast mines.
This makes Coal India one of the lowest cost producers of coal in the world. It caters to around 82 per cent of India's needs.
NTPC is the single largest customer of Coal India with 26.7 per cent of the sales. CIL plans to hike its production capacity to 486 million tonnes a year by the end of 11th Five Year Plan.
According to SRK Mining Services, an independent consulting firm, Coal India has a reserve base of 18.8 billion tonnes and access to total resources of 64.2 billion tonnes.
According to the management, of the 142 mining projects which Coal India plans to develop over the 11th and 12th Five Year Plans, 77 projects have already got the approval from the Environment Ministry.
Other projects may get approvals by the end of the 11th Plan.
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