Coal India Ltd.

Coal India’s (CIL) coking coal production has risen to 54.6 million tonnes (MTs) in 2022-23 with a sharp 17.2% y-o-y growth compared to 46.6 MTs of FY22. The quantum leap in the year was a whopping 8 MTs. Achievement against the target was 107.3%.This assumes significance at a time when the Ministry of Coal has asked CIL to elevate the output of this category of coal to 105 MTs by 2030 in a bid to reduce its imports and forex outgo.

BCCL and CCL, the two Jharkhand based CIL’s subsidiaries, are major producers of coking coal and together accounted for almost the entire output of 54.3 MTs in 2022- 23. BCCL alone produced nearly 62% or 33.7 MTs during the year posting 16% growth over 29 MTs of FY22. Whereas, CCL clocked around 20% growth at 20.6 MTs.

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.