CIL Coal Production in Oct-Dec Quarter Recovers

State owned Coal India Ltd said that CIL output stood at 156.8 million tonnes in October-December 2020, a 6.3% jump as compared with 147.5 million
CIL Coal Production in Oct-Dec Quarter Recovers
CIL Coal ProductionEconomic Times

State owned Coal India Ltd said that CIL output stood at 156.8 million tonnes in October-December 2020, a 6.3% jump as compared with 147.5 million tonnes in the year-ago period. The quarter-on-quarter output increase was a whopping 41.8 million tonnes, clocking a robust growth of 36.4 percent. CIL produced 115 million tonnes of coal in July-September quarter.

CIL supply of coal to the consuming sectors rose 9.2% to 154.6 million tonnes in October December 2020 quarter of the current financial year. The company had supplied 141.6 million tonnes of coal in the corresponding quarter of the previous financial year. CIL's offtake to the power sector was 117.8 million tonnes in October-December 2020, against 116.07 million tonnes in the year-ago period. CIL supplied 36.62 million tonnes to non-power consumers in the October-December 2020 period, compared with 25.53 million tonnes a year ago.

The company's over burden removal clocked a healthy growth of 17.6% at 366.23 million cubic metres in the third quarter of 2020-21, clearing the way for easier future production. OBR was 311.52 million cubic metres for the comparable quarter last fiscal.

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