Coal India's production goes down PSUWatch
News Updates

Monsoon touch: Coal India's production drops by 11% in August

Coal India's coal production rose in the April-August period to 290.4 MT, over 281.5 MT in the previous financial year but fell during monsoon

PSU Watch Bureau

New Delhi: Maharatna coal PSU Coal India Limited's coal production dropped 11.9 percent to 46.1 million tonnes (MT) in August, the PSU said.

The company's coal production was 52.3 MT in the corresponding month of the previous fiscal year, Coal India Ltd (CIL) said in a mandatory filing to the bourses.

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

However, coal production by the company in the April-August period rose to 290.4 MT, over 281.5 MT in the year-ago period, the filing said.

Coal offtake in August dropped to 52.1 MT, over 59.1 MT in the corresponding month of the previous financial year.

CIL accounts for over 80 per cent of domestic coal output.

Coal India's production rose 10 per cent to 773.6 million tonnes in 2023-24 but fell short of its production target of 780 MT for the fiscal year.

CIL's production was 703.2 MT in the preceding 2022-23 fiscal.

(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.)

GAIL, RailTel sign MoU to explore opportunities in digital infrastructure

India notifies green ammonia, green methanol standards under National Green Hydrogen Mission

Domestic coal production likely to grow 6-7% annually over next few years: Kishan Reddy

India calls for dialogue to bring peace in West Asia; prioritises safety of Indians: Jaishankar

NRDC partners with SS Medical for nationwide infection control tech rollout