Coal India Ltd, the world’s largest coal miner, on Thursday reported a 17.2 per cent rise in production of coking coal, helping cut on imports of the fuel that is an essential input for production of iron and steel.
In a statement, Coal India said coking coal production has risen to 54.6 million tonnes in 2022-23, up 17.2 per cent year-on-year growth compared to 46.6 million tonnes in FY’22 (April 2021 to March 2022).
“The quantum leap in the year was a whopping 8 million tonnes,” it said, adding the output was 107.3 per cent of the target.