+
CIL reports 13.4% YoY Surge in July 2023 Coal Production
COAL & MINING

CIL reports 13.4% YoY Surge in July 2023 Coal Production

Coal India (CIL) reported a significant surge in coal production in July 2023, with a year-on-year increase of 13.4 per cent, reaching 53.6 million tonnes (MT). This marked a notable rise of 6 MT compared to the output of 47.3 MT in July the previous year.

For the period of April-July 2023, CIL's total coal production reached an impressive 229.1 MT, a growth of 10.7 per cent compared to the 207 MT produced during the same period in 2022.

The company has set an ambitious target of producing 780 MT of coal for the fiscal year 2023-2024. In the previous fiscal year (FY23), CIL successfully produced 703 MT of coal.

A senior company official stated that all subsidiaries showed growth compared to the previous fiscal year, with South Eastern Coalfields (SECL) leading the way with a remarkable 10 MT increase in production. Other subsidiaries such as Bharat Coking Coal (BCCL), Northern Coalfields (NCL), and Western Coalfields (WCL) also surpassed their respective production targets progressively until July 2023.

In terms of supplies, CIL achieved a total peak of 58.3 MT in July 2023, indicating a robust growth of 7.2 per cent compared to 54.4 MT in July 2022. During the period of April-July 2023, total supplies to all consuming sectors reached 244.5 MT, showing a commendable increase of 5.7 per cent compared to 231.2 MT during the same period in the previous fiscal year.

Supply to coal-fired plants during the ongoing fiscal year until July 2023 stood at 201.5 MT, with a modest growth rate of 1 per cent.

Coal India (CIL) reported a significant surge in coal production in July 2023, with a year-on-year increase of 13.4 per cent, reaching 53.6 million tonnes (MT). This marked a notable rise of 6 MT compared to the output of 47.3 MT in July the previous year.For the period of April-July 2023, CIL's total coal production reached an impressive 229.1 MT, a growth of 10.7 per cent compared to the 207 MT produced during the same period in 2022.The company has set an ambitious target of producing 780 MT of coal for the fiscal year 2023-2024. In the previous fiscal year (FY23), CIL successfully produced 703 MT of coal.A senior company official stated that all subsidiaries showed growth compared to the previous fiscal year, with South Eastern Coalfields (SECL) leading the way with a remarkable 10 MT increase in production. Other subsidiaries such as Bharat Coking Coal (BCCL), Northern Coalfields (NCL), and Western Coalfields (WCL) also surpassed their respective production targets progressively until July 2023.In terms of supplies, CIL achieved a total peak of 58.3 MT in July 2023, indicating a robust growth of 7.2 per cent compared to 54.4 MT in July 2022. During the period of April-July 2023, total supplies to all consuming sectors reached 244.5 MT, showing a commendable increase of 5.7 per cent compared to 231.2 MT during the same period in the previous fiscal year.Supply to coal-fired plants during the ongoing fiscal year until July 2023 stood at 201.5 MT, with a modest growth rate of 1 per cent.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Syrma SGS Elemaster Opens High-Reliability Electronics Facility

Syrma SGS Technology and Elemaster Group have inaugurated a new high-reliability electronics manufacturing facility in Bengaluru through their joint venture, Syrma SGS Elemaster Private Limited.The facility aims to strengthen India’s advanced electronics manufacturing capabilities and support customers across domestic and global markets, particularly in sectors requiring high quality, reliability and stringent manufacturing standards.Located in the Bommasandra Industrial Area, the 20,000 sq. ft. facility is equipped with advanced Surface Mount Technology (SMT), Through-Hole Technology (THT) ..

Next Story
Real Estate

UrbanVault Expands Chennai Workspace Portfolio with 100,000 Sq. Ft.

UrbanVault has expanded into Chennai with approximately 100,000 sq. ft. of managed workspace across three properties, strengthening its presence in India’s flexible workspace market.The company’s Chennai portfolio includes Olympia Teknos and UV IPL in Guindy, and Ceebros Chambers on Velachery Main Road. The expansion marks UrbanVault’s entry into its seventh city, taking its national footprint to more than 3 million sq. ft. across 80+ centres.UrbanVault expects its annual revenue to cross Rs 350 crore in FY27, supported by expansion across major business hubs and rising demand for manage..

Next Story
Real Estate

LML Realty Launches Digital Platform for Custom Factories

LML Realty has launched ‘Your Factory’, a digital platform that enables businesses to configure, customise and order built-to-suit factories online. The platform combines plot selection, factory specifications, pricing and development into a single digital interface.Businesses can select plot sizes ranging from 500 sq. yd. to 10 acres and customise requirements such as factory size, height, structure, crane provisions and power needs. The platform provides instant quotations, allowing users to view configurations and pricing while designing their facilities.Pricing for the built-to-suit fa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code