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Government to allot 10 coal mines to CIL in 2019

<p>Over the years, the coal production generally picks up in the third and fourth quarters and this trend was seen in 2018 as well, he added.</p><p>"So production is going up. If the demand remains stable, then the stock will start picking up," Upadhyaya saidHe said the government is committed to make coal available as per the demand in 2019 and the target is for 10 percent growth rate in the next fiscal.</p><p>The sector has seen production growth of around 8 percent in 2018 till date, which is "quite good" in comparison to the trend of past two years, the official said"The momentum which is being seen this year will continue in the next year.....We will be able to do much better next year in terms of production. Ultimately, it is the availability of coal that matters and how much coal we produce and put in the system," he explained.</p><p><a href="https://www.moneycontrol.com/news/business/govt-to-allot-10-coal-mines-to-cil-in-2019-expects-higher-output-to-meet-fuel-demand-3325211.html">Read more @ Money control</a></p>

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