According to the Coal Ministry's provisional data, coal production by state-owned Coal India Ltd (CIL) rose by 7.46% to 64.40 million tonnes (MT) in May, compared to 59.93 MT in the same period last year. This increase in production by CIL, which accounts for over 80% of domestic coal output, contributed significantly to the country's overall coal production rise of 10.15%, reaching 83.91 MT from 76.18 MT in the previous year. Additionally, coal production by captive and other entities surged by 32.76%, reaching 13.78 MT from 10.38 MT last year, reflecting substantial growth in the sector. Similarly, India's coal dispatches saw a notable increase of 10.35%, reaching 90.84 MT in May compared to 82.32 MT in the same period last fiscal year. During this period, CIL dispatched 69.08 MT of coal, marking an 8.50% growth from the 63.67 MT dispatched in the previous year. Furthermore, the total stock of dry fuel with coal companies stands at 96.48 MT, highlighting robust activity and preparedness in the industry.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.