Coal Update - Demand Continues To Far Outstrip The Domestic Production In September: CARE Ratings

"BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..CARE Ratings Research Report.The overall coal production during September 2021 has significantly increased to 51.7 million tonne as compared with 38.9 million tonne in September 2020 and 39.5 million tonne in September 2019, registering a growth of 33% YoY and 31% when compared with September 2019 production. However, on a month-on-month basis, the coal production saw a decline of around 4%. This was on account of around 4% lower production by Coal India Ltd. and around 10% lower production by Singareni Collieries Company Ltd. in September 2021 as compared with August 2021. Production and despatch volumes of coal have been affected due to heavy rainfall in September 2021 across the mining geographies..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Coal Update - Demand Continues To Far Outstrip The Domestic Production In September: CARE Ratings