Coal India production growth no longer in negative territory

Coal India (CIL), which has been clocking negative growth in production during this fiscal, has been able to neutralise it for the first time. The production of 265.69 million tonne (mt) recorded on October 20 has come at level with last year’s output on the same date.

The company posted a marginal 0.04 mt increase in volume terms, thanks to a catalytic role by Mahanadi Coalfields and Northern Coalfields, which produced 71.7 mt and 60 mt as of October 20 – an increase by 9.61 mt and 3.15 mt, respectively, on a year-on-year basis, a CIL statement said.