Coal India's production drops marginally in February PSU Watch
News Updates

Coal India's production drops marginally in February

Coal India Limited (CIL) recorded a marginal 0.9 percent decline in coal production in February compared to the year-ago period

PSU Watch Bureau

New Delhi: State-owned Coal India Ltd (CIL) recorded a marginal 0.9 percent decline in coal production in February compared to the year-ago period.

The company's' coal production stood at 74.1 MT in February this fiscal, down from 74.8 MT in the corresponding month of previous fiscal.

PSU Watch is now on Whatsapp Channels. Click here to join

The company's production in the April-February period was 695.3 MT over 685.1 MT in the year-ago period, CIL said in a filing to BSE.

Coal India accounts for over 80 percent of domestic coal output.

The cumulative coal production during April-February period was at 928.95 million tonnes, registering an increase of 5.73 percent, over 878.55 MT of fossil fuel produced in the year-ago period, the coal ministry said in a statement.

The cumulative coal dispatch during the April-February period rose to 929.41 MT, registering a growth of 5.50 percent from 880.92 MT produced in the corresponding period of previous year, the ministry said.

"This robust performance underscores India's commitment to energy security and industrial growth, ensuring the country meets rising demand efficiently," it said.

The government continues to drive infrastructure development and operational efficiencies, sustaining this positive momentum in the coming months, it added.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Petrobras inks FPSO contract for Brazil's SEAP-I; BPCL-backed IBV to invest $2.8 billion

SBI Chairman, Apple India MD among 29 members appointed to Board of Trade

CBSE Leadership Reshuffle: ACC appoints Varun Bhardwaj as Secretary, repatriates Himanshu Gupta

Lokhande Prashant Sitaram (IAS) appointed as new Chairperson of CBSE

NHPC OFS subscribed nearly 3.5 times on Day 1; Govt to exercise green shoe option