State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month.
The PSU had produced 45.7 MT of coal in the year-ago period, Coal India Ltd (CIL) said in a BSE filing.
The company’s output in the April-September period also increased by 11.3 per cent to 332.9 MT against 299 MT a year ago, it added.
CIL’s offtake in September increased by 12.6 per cent to 55.1 MT compared with 48.9 MT in the corresponding month of the previous fiscal.
The offtake of the Maharatna firm in the April-September period also went up by 8.6 per cent to 360.7 MT against 332 MT in the year-ago period.
Coal offtake is the amount of dry fuel supplied from the coal pitheads.
Coal India accounts for over 80 per cent of domestic coal output.
Supply increases
Supply of coal to the power sector by Coal India increased 3.4 per cent to 294.8 million tonnes in the first six months of the current fiscal even as the demand for electricity touched record highs in the past two months, the maharatna firm said on Monday.
The total amount of coal supplied was 1.8 MT more than the 293 MT demand projected for this period, Coal India Ltd (CIL) said in a statement.
“Compared to the high base of the same period last fiscal, the volume increase was 9.7 MT, or 3.4 per cent. This could have been higher if the logistics were eased out and intake not regulated by a few consumers,” CIL said in a statement.
“We were given a supply target of 610 MT to the power sector for FY2024. This is about 4 per cent higher than the record 586.6 MT in FY23,” a senior CIL official said.
