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Coal India reports 18% jump in coal dispatches in October

20 Nov 2017 Evaluate

Coal India has reported 18% jump in coal dispatches to power sector to 39.9 million tonnes (MT) in October as against 33.8 MT of dry fuel supplied to power producers in October 2016.

The dispatches by the world’s largest coal miner rose by 9.6% to 248.9 MT in the April-October period of this financial year over 227 MT in the year-ago period.

The supply of coal by Singareni Collieries Company (SCCL), a state-owned coal mining company, also registered an increase of 5% to 4.2 MT, over 4 MT in the same month of the previous financial year.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers
Company Name CMP
Coal India 420.80
NMDC 80.45
Ashapura Minechem 521.10
Sandur Manganese 179.40
GMDC 543.70
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