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Coal India production up 0.2% in April-September

Coal India production up 0.2% in April-September
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Coal India Ltd (CIL) has reported that its coal production grew by only 0.2 per cent to 230.06 million tonnes (MT) in the April to September period as compared to 229.54 MT of coal produced in the first six months of the last fiscal.

CIL, which produces 84 per cent of the country’s coal, was targeting 255.11 MT of coal production during the first six months of the current fiscal.

According to provisional data, the miner produced 35.24 MT in September achieving 85 per cent of the target of producing 41.51 MT in the last month. The coal behemoth had produced 37.17 MT in the year-ago month.

It also reported that its offtake during the April-September period was down by 0.9 per cent at 249.11 MT as against a target of 283.80 MT. The miner reported its offtake for September stood at 37.74 MT, achieving 88 per cent of the target.

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