Coal India bucks trend, reports 0.8% annual decline in output in FY20

Bucking the upward trend of several years, Coal India’s (CIL’s) output declined 0.8% annually to 602.1 million tonne (MT) in FY20, mainly due to excessive rainfall hampering mining operations during the monsoon earlier this financial year (see chart).

Data reviewed by FE shows that the coal behemoth hasn’t reported a decline in production at least over the last 15 years. About 80% of the country’s coal output comes from CIL mines.