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Corporate News

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(02 Feb 2024, 14:26)

Coal India records 9% growth in output and 5% growth in supplies in Jan'24


Setting a new performance high for the month of January of any year till now, Coal India (CIL) notched several record highs in coal supplies and production in January 2024.

CIL's output in January is 78.4 million tonnes (MTs) highest ever for the month, logging 9.1 per cent y-o-y growth. The month's increase of 6.5 MTs came over a high base of around 72 MTs of January 2023.

Accelerating the pace to reach the stiff 780 MTs coal production target of FY 2024, CIL till January produced 610.3 MTs - 59 MTs more compared to April- January 2023. The growth was 10.8%.

“What gives us some latitude in chasing a challenging output target is that we have moved past 600 MT production mark, on 29 January, 24 days ahead compared to last fiscal. We are striving to maintain the pace” s...

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