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Coal India reports 8% rise in coal production during May 2024

03 Jun 2024 Evaluate

Coal India has reported 7.51% rise in coal production to 64.4 million tonnes (MT) during May 2024 as compared to 59.9 MT in May 2023.  It produced 126.2 MT of coal during April-May period, up 7.4% from 117.5 million tons during the same period previous year.

In May 2024, Coal offtake increased to 68.2 MT from 63.7 MT. The total offtake of coal during the April-May period increased to 132.3 MT, up 5% from 125.9 MT in the corresponding period last fiscal.

Coal India (CIL) 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 422.55
NMDC 81.58
Ashapura Minechem 526.10
Sandur Manganese 183.40
GMDC 559.55
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