CHENNAI : Coal India Ltd’s output and sales grew by nearly a third during September from a year earlier, the company said on Thursday, as coal-fired power generation picked up and demand from smelters and other consumers increased.
State-run Coal India accounts for over 80% of the country’s production and is the world’s largest coal miner by output.
Its output rose 32% to 40.51 million tonnes in September, the company said in a stock exchange filing. Offtake, or sales to customers, rose 31.5% to 46.46 million tonnes last month.
The growth in output and sales were the highest in at least six years, according to data available on the company’s website, but were also due to declines in September last year.
