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Coal India reports 7.1% rise in production in August

02 Sep 2020 Evaluate

Coal India has reported rise in its production by 7.1% to 37.17 million tonnes (MT) in August 2020 compared to 34.70 MT of coal in August last year. The company's offtake also increased 9.3% to 44.34 MT in August from 40.57 MT in the corresponding month of the previous fiscal. However, the production in the first five months of 2020-21 dropped to 195.54 MT from 210.15 MT of coal produced in the April-August period of the previous fiscal. 

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 420.30
NMDC 80.89
Ashapura Minechem 524.40
Sandur Manganese 182.00
GMDC 548.85
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