Coal news and updates

SCCL exceeds production target in September

October 8: Coal production from the 49 mines of Singareni Collieries Company Limited (SCCL) in September was at 4.074 million tons (mt), marginally higher than the monthly target of 3.924 mt, according to provisional data available with ICMW.

This was the second consecutive month when the miner achieved its monthly production target in the current financial year (2014-15).

The September production figure was also higher than 3.82 mt reported in August 2014, the data showed.

Earlier this year, SCCL had reported production volumes of 3.65 mt in July, 3.71 mt in June, 3.72 mt in May and 2.37 mt in April.

During the first six months (April-September) of 2014-15, SCCL’s total coal production stood at 21.344 mt, about 11% lower than the target of 24.018 mt set for the period.

The annual production target of SCCL for 2014-15 stands at 55 mt. In 2013-14, SCCL’s production stood at 50.47 mt.