Sustaining its production pace, Coal India Limited (CIL) produced 52.3 million tonnes (MTs) of coal in August 2023 registering a strong 13.2% over 46.2 MTs of August 2022. Comparative production for the month surged ahead by 6.1 MTs.
Staying on course with the annual asking growth of 11%, till August FY 2024, the state owned coal miner produced 281.5 MTs posting 11.1% year-on-year growth. The volume expansion in production was 28.2 MTs during the first five months of FY 2024 compared to 253.3 MTs during the same period FY 2023.
Total coal supplies to all consuming sectors shot up to 59 MTs in August 2023 reflecting a strong double digit growth of 15.3% compared to 51.2 MTs of the same month last fiscal. Supplies were up nearly 8 MTs in a single month.