Coal news and updates

New Delhi: Coal India (CIL) Sunday said its production in August fell by 10.3 per cent to 34.77 million tonnes. CIL's production in the same month a year ago stood at 38.78 million tonnes. 

Coal offtake during August too contracted by 10.4 per cent to 40.47 million tonnes as compared with 45.15 million tonnes in the year-ago month, CIL said in a regulatory filing to the BSE. 

The production and offtake figures are provisional, the company said. During the April-August period of this fiscal, coal output reported a dip of 2.8 per cent to 210.23 million tonnes, as against 216.21 million tonnes in the year-ago period. 

The coal offtake during the five-month period too contracted by 2.5 per cent to 240.57 million tonnes.

 

 

Source: https://energy.economictimes.indiatimes.com