Coal India Ltd.

Coal India (CIL) is eyeing to post 16.6% growth in coal despatch to its non-regulated sector (NRS) customers in the fourth quarter of the ongoing fiscal (Q4 FY23), compared to the preceding quarter. Coal despatch to NRS customers is averaging 3.67 lakh tonnes per day in Q4 FY23 till date. CIL is likely to close the ongoing quarter with 33 million tonnes (MTs) supply to this sector. It would mean 4.7 MTs more coal to NRS, or a jump of 16.6%, compared to 28.3 MTs that the company supplied in the third quarter of the year.

Supplies to NRS during January-March 2023 expected at 33 MTs would be 3.1 MTs more against comparable quarter of FY22 representing a double digit growth of 10.4%. CIL supplied 29.9 MTs to non-regulated sector in the final quarter of FY22.

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.