Coal India registers 29% output growth in Q1 this fiscal

Coal India (CIL) ended April-June quarter of FY23 registering a high of 29% output growth, compared to same quarter in FY22. The company produced 159.8 million tonne (MT) of coal at the end of the first quarter during the current fiscal,35.8 MT more than the 124 MT output during the first quarter last fiscal. All the CIL subsidiaries have registered growth.

“The likeness of such whopping growth was never witnessed in any Q1 since CIL’s inception. Our first quarter production surge of nearly 36 MT surpassed the entire annual increase of 26.4 MT of FY 22,” a senior official of the company said. Only twice before, CIL’s total yearly production was higher than what it achieved during the current year’s first quarter alone, he added.