India's coal output increased by 7% in April
COAL & MINING

India's coal output increased by 7% in April

The state-owned CIL reported a 7.3% increase in production in April, reaching 61.8 million tonnes (MT). In a filing to the BSE, Coal India (CIL) stated that the company had produced 57.6 MT of coal in the equivalent month of the previous fiscal.

More than 80% of the coal produced in the country comes from CIL.

In addition, the company's coal offtake increased 3.2% to 64.3 MT last month from 62.3 MT in the same period last year.

The quantity of dry fuel provided by the pitheads is known as coal offtake.

Maximum production of 16 MT came from Mahanadi Coalfields (MCL), followed by 14.1 MT from South Eastern Coalfields (SECL) and 11.8 MT from Northern Coalfields, out of the 61.8 MT of coal produced by CIL last month.

Although CIL's production climbed by 10% to 773.6 MT in FY24, it did not meet its budgetary target of 780 MT.

In 2022?2023, Coal India produced 703.2 MT.

The state-owned CIL reported a 7.3% increase in production in April, reaching 61.8 million tonnes (MT). In a filing to the BSE, Coal India (CIL) stated that the company had produced 57.6 MT of coal in the equivalent month of the previous fiscal. More than 80% of the coal produced in the country comes from CIL. In addition, the company's coal offtake increased 3.2% to 64.3 MT last month from 62.3 MT in the same period last year. The quantity of dry fuel provided by the pitheads is known as coal offtake. Maximum production of 16 MT came from Mahanadi Coalfields (MCL), followed by 14.1 MT from South Eastern Coalfields (SECL) and 11.8 MT from Northern Coalfields, out of the 61.8 MT of coal produced by CIL last month. Although CIL's production climbed by 10% to 773.6 MT in FY24, it did not meet its budgetary target of 780 MT. In 2022?2023, Coal India produced 703.2 MT.

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