Coal India production rises 7% in April 2024

New Delhi: Maharatna Coal PSU, Coal India Limited (CIL) on Wednesday said its production increased 7.3 percent to 61.8 million tonnes (MT) in April 2024.

The company had produced 57.6 MT of coal in the corresponding month of the previous fiscal, Coal India Ltd (CIL) said in a filing to the BSE.

CIL accounts for over 80 percent of domestic coal production.

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

The company's coal offtake also registered a rise of 3.2 percent to 64.3 MT last month, over 62.3 MT in the year-ago period.

Coal offtake is the amount of dry fuel supplied from the pitheads.

Of the 61.8 MT of coal produced by CIL last month, a maximum of 16 MT was produced by Mahanadi Coalfields Ltd (MCL) followed by 14.1 MT by South Eastern Coalfields (SECL) and 11.8 MT by Northern Coalfields Ltd among others.

CIL's production increased 10 percent to 773.6 MT in FY24 but fell short of its production target of 780 MT for the fiscal.

Coal India Ltd's production was 703.2 MT in 2022-23.

(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.)