• Coal India Jan output rises 9.1% on yr

    sxcoal.com Company,  Production & Sales,  International 2024-02-02 16:50:27

    State-owned coal miner Coal India Ltd (CIL) produced 78.4 million tonnes of the material in January, up 9.1% from a year earlier, according to a filing it submitted to the Bombay Stock Exchange on February 1.

     

    The company's coal production for April-January rose 10.8% to 610.3 million tonnes, according to the filing.

     

    CIL's coal offtake, or shipments to customers, increased 5% in January to 67.6 million tonnes from 64.4 million tonnes a year ago. Supplies to the power sector reached 55.0 million tonnes, marginally higher than 54.9 million tonnes in the previous month.

     

    Offtake for the first 10 months of the fiscal year ending in March totaled 619.5 million tonnes, up 8.2% from 572.3 million tonnes during the same period last year.

     

    Coal stockpiles at power plants maintained by CIL reached a record 36.2 million tonnes in January, which exceeded the previous high of 34.5 million tonnes in January 2020.

     

    CIL, which accounts for over 80% of India's coal output, set a production target of 780 million tonnes for the full fiscal.

     

    (Writing by Alex Guo  Editing by Riley Liang)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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