Coal India Ltd, the world’s largest miner, has registered an over 10 per cent growth in production to 54.17 million tonnes (MT) till January 27 compared with 48.94 MTs it reported in the same period last year. This is the first double-digit growth that the company has registered during the ongoing fiscal.
Production till January 27 was ahead by 5.23 MT in absolute terms on a like-to-like comparison basis, representing growth of 10.7 per cent, the first double-digit growth so far during the current fiscal, a release issued by the company said.
The Maharatna company has been averaging an output of close to 2 MT/day uring the month.
According to an official, the production spurt came largely on the back of better show at Mahanadi Coalfields and South Eastern Coalfields (SECL). “By the end of January, production is likely to be up by another 8 MT,” he said.
