+
CIL’s production and offtake remained subdued in February
COAL & MINING

CIL’s production and offtake remained subdued in February

Production and offtake of Coal India Ltd (CIL) remained subdued in February amid lower demand and a robust pithead stock of 78 million tonne (mn t), sources told the media.

The mining major is likely to report provisional dry fuel production of 61.8 mn t in February as against 66.26 mn t in the corresponding month last year, a decline of 6.6%, the sources said.

On a monthly basis, the production fall was sharper in February than in January, when it reported a drop of 4.1%.

Offtake is likely to be around 51.2 mn t during the reporting month compared to 54.9 mn t in the year ago period, the sources said.


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Cumulative production of dry fuel by the mining company in the April-February period of the current fiscal is expected to be at 515 mn t as against 517 mn t in the corresponding 11 months a year earlier.

Electricity consumption in January was close to 111 billion units, with state run fuel retailers, who dominate 90% of the market share, reporting a 5% decline in sales from the previous month.

As we have reported earlier, Coal import is increasing on a year-on-year basis in India. In 2015-16, the country imported 203.95 mn t of coal, which was increased to 248.54 mn t in 2019-20, and consequent spending of around Rs 1.58 lakh crore in foreign exchange.

The central government plans to permit the sale of 50% of coal and lignite produced by captive blocks on an annual basis, a move aimed at augmenting the production and increasing the availability of dry fuel.

In the note for consultation of the ministry, it has been proposed to charge an additional amount on grant and extension of mining leases (ML) of both coal and non-coal government companies.

Image Source


Also read: Proposal to end iron ore leases of “no-output” mines

Production and offtake of Coal India Ltd (CIL) remained subdued in February amid lower demand and a robust pithead stock of 78 million tonne (mn t), sources told the media. The mining major is likely to report provisional dry fuel production of 61.8 mn t in February as against 66.26 mn t in the corresponding month last year, a decline of 6.6%, the sources said. On a monthly basis, the production fall was sharper in February than in January, when it reported a drop of 4.1%. Offtake is likely to be around 51.2 mn t during the reporting month compared to 54.9 mn t in the year ago period, the sources said.4th Indian Cement Review Conference 202117-18 March Click for event info Cumulative production of dry fuel by the mining company in the April-February period of the current fiscal is expected to be at 515 mn t as against 517 mn t in the corresponding 11 months a year earlier. Electricity consumption in January was close to 111 billion units, with state run fuel retailers, who dominate 90% of the market share, reporting a 5% decline in sales from the previous month. As we have reported earlier, Coal import is increasing on a year-on-year basis in India. In 2015-16, the country imported 203.95 mn t of coal, which was increased to 248.54 mn t in 2019-20, and consequent spending of around Rs 1.58 lakh crore in foreign exchange. The central government plans to permit the sale of 50% of coal and lignite produced by captive blocks on an annual basis, a move aimed at augmenting the production and increasing the availability of dry fuel. In the note for consultation of the ministry, it has been proposed to charge an additional amount on grant and extension of mining leases (ML) of both coal and non-coal government companies. Image Source Also read: Proposal to end iron ore leases of “no-output” mines

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?