State-owned Coal India NSE 0.81 % Ltd on Tuesday said its coal offtake rose by 38 per cent to 55 million tonnes (MT) in May on the back of revival of fuel demand from the power sector. “Spurred by the revival of coal demand from power sector, Coal India Ltd (CIL) scripted the highest ever coal off-take of 55 million tonnes for the month of May (in any year) so far,” the PSU said in a statement.
As coal supplies surged ahead to 55 MT in May, CIL recorded a whopping 15 MT increase in volume terms against comparable month last year, logging close to 38 per cent growth, the statement said.
