Coal news and updates

Coal India January offtake rises 14% YoY

The state-run coal major's offtake stood at 60.8 million tonnes (MT) in January 2022, growing 13.6% as compared with 53.6 MT recorded in the same month last year.

The company's coal production rose 6.7% to 64.5 million tonnes (MT) in January 2022 from 60.4 MT in January 2021.

On a sequential basis, the production jumped 7.14% while offtake rose 0.16% in January 2022 as compared to December 2021.

Coal India (CIL) supplies to coal fired power plants of the country, enabling the company to reach 441.4 mlllion tonnes (MTs) during April-January of FY22. This is a volume increase of 83 MT, representing 23% growth as compared to 358.20 MT despatch of corresponding period last year.