Coal India’s production rises to a record high of 60 million tonnes in May
Coal India’s (CIL) production rose to a record high of 60 million tonnes (MT) in May, logging 9.5 per cent growth over the same month last year with an increase of 5.2 million tonnes, the company said in a BSE filing on Thursday.
In a regulatory filing, the company said, “Considering the production for May generally hovers in the range of 40 MT to 48 MT, CIL output surge in current fiscal’s May was substantial. All the subsidiaries of CIL have listed positive growth.”
Shares of Coal India Ltd, on Thursday, ended over 4 per cent lower at Rs 230.55 on BSE.
Although the growth logged in May 2022 was higher at 30 per cent, in real terms the production was 54.7 MT, exceeding the 50 MT mark for the first time.
