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Retaining FY13 production targets: Coal India

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Coal India continues to maintain its production target of 464 million tonnes for FY13 despite shortfall in production in Q3. Coal India chairman, S Narsing Rao, explains that the shortfall has been due to weather related factors, but is unlikely to impact the full year production targets. He adds that while there is progress on the issue of pool pricing and signing of FSAs, many issues are still to be resolved.

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