Coal India’s production and offtake remained subdued in February

Coal India’s production and offtake remained subdued in February amid lower demand and robust pithead stock of 78 million tonnes, sources said on Monday.

The mining major is likely to report provisional dry fuel production of 61.8 million tonnes in February as against 66.26 million tonnes in the corresponding month last year, a decline of 6.6 per cent, they said.

On a monthly basis, the production fall was sharper in February compared to January, when it reported a drop of 4.1 per cent.