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Coal India’s production rises by 30% to 80.3 MT in May

01 Jun 2022 Evaluate

Coal India’s (CIL) coal production has increased by 30% to 54.7 million tonnes (MT) in May 2022 as against 42.1 MT in May 2021. The company’s production in the April- May 2022 period increased 28.8 per cent to 108.2 MT, compared with 84 MT in the year-ago period.     

The company's offtake increased by 11.3% to 61.2 MT in May, 2022, over 55 MT in the corresponding month of the previous financial year. Its offtake in the April- May 2022 period also increased by 8.7% to 118.7 MT over 109.2 MT in the year-ago period.    

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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