State-owned Coal India Ltd (CIL) has reported a 9.5 per cent year-on-year rise in monthly production to a record 60 million tonne (MT) in May 2023. The miner, along with its subsidiaries, had produced 54.7 MT of coal in the same month last year, CIL said in a statement on Thursday.
“CIL’s May 2023 production rose to a record 60 MT, logging 9.5 per cent growth over the same month last year with an increase of 5.2 MT. Considering the production for May generally hovers in the range of 40-48 MT, the CIL output surge in the current fiscal’s May was substantial. All the subsidiaries have listed positive growth,” the statement said.
Progressive production in April-May 2023 was 117.5 MT, 8.6 per cent higher from 108.2 MT in the year-ago period.
