India’s coal production rises 13 pc in January | The Financial Express

India’s coal production rises 13 pc in January

Of the top 37 coal producing mines, production of 28 was more than 100 per cent, while the output of three mines stood between 80 and 100 per cent during last month.

coal, coal production
CIL accounts for over 80 per cent of domestic coal output. (IE)

The country’s coal production increased by 12.94 per cent to 89.96 million tonnes in January 2023.

The country’s coal output stood at 79.65 million tonnes (MT) in the corresponding month of the previous fiscal.

As per provisional data of the coal ministry, Coal India Ltd (CIL) registered a production growth of 11.44 per cent in January, whereas SCCL and captive mines, and others posted a growth of 13.93 per cent and 22.89 per cent, respectively.

Also read: Budget 2023: Disbursal of capex loans to states will be faster, says FM Nirmala Sitharaman

Of the top 37 coal producing mines, production of 28 was more than 100 per cent, while the output of three mines stood between 80 and 100 per cent during last month.

At the same time, coal despatch increased by 8.54 per cent to 81.91 MT last month compared to 75.47 MT in January last fiscal.

Also read: ‘Enough fiscal cushion in Budget to deal with external shocks’

“The power utilities despatch has increased by 8.01 per cent to 67.72 MT during Jan’23 as compared to 62.70 MT in Jan’22,” it said.

CIL accounts for over 80 per cent of domestic coal output.

Get live Share Market updates and latest India News and business news on Financial Express. Download Financial Express App for latest business news.

First published on: 03-02-2023 at 19:01 IST