Coal India Ltd reported a 11.5 per cent increase in coal production during the April-November period, reaching 460 million tonnes. The company, which accounts for over 80% of domestic coal output, stayed ahead of the annual asking rate of 10.2%. All seven arms of CIL have registered growth, with two achieving their respective progressive targets.
Domestic Coal Output: "With 11.5 per cent year-on-year growth CIL stayed ahead of the annual asking rate of 10.2 per cent. The production saw an upsurge of 47.4 MT in quantum terms compared to 412.5 MT of same period last year," the PSU said.
For April-October, the output of India s eight core industries was 8.6 percent higher year-on-year as against 8.4 percent in the first seven months of 2022-23
India Business News: Coal output by state-owned CIL increased 15.36 per cent to 61.07 MT in October this year as compared to 52.94 MT in the year-ago period, the coal mini
The coal sector witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights, the ministry said. "This exceptional growth is attributed to the unwavering dedication of coal PSUs, which has played a pivotal role in driving this extraordinary progress," the statement said.