Coal India’s output up 6.6% so far this fiscal

Coal India’s output up 6.6% so far this fiscal

Coal India Ltd witnessed a 6.6-per cent growth in production at 527.70 million tonnes (mt) so far during this fiscal (April-February), compared with 495.08 mt during the same period last year. Coal offtake by CIL during the first 11 months of the current financial year was up nearly 4.5 per cent at 548.48 mt (525.04 mt).

“Achieving 99 per cent and 99.5 per cent of the respective targets in coal production and coal off-take, CIL, during April-February period, surged ahead by nearly 32.62 million tonnes volume increase in production and 23.45 million tonnes increase in coal off-take, on a comparable period last year,” said a press statement issued by CIL.

CIL’s planned target for the current fiscal is 610 mt for both production and offtake and it is hopeful of closing in on its production and offtake targets. Coal supplies to thermal power stations increased 29.30 mt during the said period registering a growth of 7.1 per cent. Read More

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