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This Article is From May 01, 2024

Coal India Production Rises 7% In April

Coal India Production Rises 7% In April
Source: Unsplash

State-owned CIL on Wednesday said its production increased 7.3% to 61.8 million tonnes in April. The company had produced 57.6 MT of coal in the corresponding month of the previous fiscal, Coal India Ltd. said in a filing to the BSE.

CIL accounts for over 80% of domestic coal production.

The company's coal offtake also registered a rise of 3.2% to 64.3 MT last month, over 62.3 MT in the year-ago period.

Coal offtake is the amount of dry fuel supplied from the pitheads.

Of the 61.8 MT of coal produced by CIL last month, a maximum of 16 MT was produced by Mahanadi Coalfields Ltd followed by 14.1 MT by South Eastern Coalfields and 11.8 MT by Northern Coalfields Ltd among others.

CIL's production increased 10% to 773.6 MT in FY24 but fell short of its production target of 780 MT for the fiscal.

Coal India Ltd's production was 703.2 MT in 2022-23.

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