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Coal India registers 30.7% growth in fuel supplies to power sector in Apr-Jul period

03 Aug 2021 Evaluate

Coal India (CIL) has registered a 30.7 percent growth in fuel supplies to the power sector at 166.3 million tonnes during the April-July period. The fuel supplies by the company was at 127.2 million tonnes in the year-ago period.

The company achieved the highest ever coal off-take, production and Over Burden Removal (OBR) for July of any year since the company's inception 46 years ago, posting a growth of 16.7 per cent, 14.1 per cent and 3.6 per cent, respectively. The company's total coal off-take also increased by 46.7 MT in the first four months of the current fiscal, registering a strong 28.4 per cent growth compared to the year-ago period. The total volume of coal supplied was 210.8 MT during April-July compared to 164 MT in the corresponding period a year ago.

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 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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